USDC News Today

Gate News reported that on March 15, according to Circle's official website data, during the week ending March 12 local time, USDC issued approximately 5.2 billion tokens and redeemed approximately 3.6 billion tokens, with a net increase in circulation of approximately 1.7 billion tokens. As of March 13 local time, the total circulating supply of USDC was approximately 78.7 billion tokens, with reserve assets valued at approximately $78.9 billion.

Mega Bank conducted a practical comparison between stablecoins and traditional banks for cross-border remittances. The results indicate that stablecoins are faster and cheaper for small transfers, but when the amount exceeds approximately $7,000, banks have a significant cost advantage. Stablecoin cross-border remittances are impacted by regulatory restrictions in multiple countries, and real-world application scenarios still require further investigation. Dong Ruibin emphasized that traditional banks possess irreplaceable infrastructure in fund settlement and compliance management.

The market value of USDC, the Circle-issued dollar-pegged stablecoin, is edging toward a new peak of roughly $80 billion as demand intensifies in the Middle East. Data from CoinMarketCap show USDC circulating supply at about $79.2 billion, a fresh all-time high that eclipses the previous peak just s

Gate News reports that on March 15, according to data from Circle's official website, during the week ending March 12, USDC issued approximately 5.2 billion tokens and redeemed approximately 3.6 billion tokens, with circulating supply increasing by approximately 1.7 billion tokens. As of March 13, USDC's total circulating supply was approximately 78.7 billion tokens, with reserve assets valued at approximately $78.9 billion.