USDC Hits Record $56B Market Cap: A New Era for Stablecoins?
USDC hit a record $56B market cap, a remarkable growth. It increased its market cap by 22% in just one month, adding $10.39 billion to circulation. This surge has propelled USDC past its previous 2022 peak, marking a full recovery from the 2023 banking crisis that temporarily shook investor confidence. Meanwhile, USDT (Tether)—the market’s largest … Read more