The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments.
A new Coinbase report shows a resurgence in the USDC market following the general market upturn and growth in non-U.S markets.
The market cap for stablecoins is rising… and USDC is outperforming – up over 14% since December. Learn why this may mark a new resurgence in USDC in our new stablecoin deep dive: https://t.co/RD8X8RD7Pr pic.twitter.com/RqMRwvEG75
— Coinbase Institutional
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