It seems that USDC Treasury has issued over 50 million USDC in new tokens. This probably indicates that demand for dollar-pegged stablecoins remains quite strong. The circulation volume has also exceeded 7.8 billion USDC, and its presence in the market is growing increasingly significant. Such issuances are carried out regularly as a fundamental activity to maintain market liquidity, but looking at the news each time clearly shows the importance of stablecoins as an infrastructure for cryptocurrency trading. As long as the demand for dollars persists, this trend is likely to continue.

USDC-0.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin