The stablecoin market has hit a record $200 billion market cap, according to CryptoQuant. This surge—up $37 billion since ...

USD Coin (USDC) is a stablecoin issued by Circle Internet Financial, designed to maintain a 1:1 peg with the U.S. dollar. This peg is achieved by backing each USDC token with equivalent reserves in ...

The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18 billion in August 2023 to reach an all-time high of $211 billion, while USDC (USDC ...

The circulation of USD Coin (USDC) grew 78% year-over-year, outpacing the growth rate of all global stablecoins, Circle said in its third annual State of the USDC Economy Report released on Jan. 14.

As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be released. Expectations are for a hot headline figure, with core reading, ...