USDC’s market capitalization has surpassed 60 billion USD, achieving a significant all-time high. This milestone reflects growing adoption and interest in stablecoins.
USDC has increased its share of the stablecoin market to 25.4%, up from 20.7% just three months ago. However, it still trails Tether, which holds 144 billion USD and approximately 63% of the market.
The evolving regulatory environment, including Europe’s MiCA framework, has been beneficial for USDC, affirming its compliance and strengthening market confidence.
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