USDC’s market cap has reached $56 billion, marking a new all-time high for the stablecoin. With the milestone, Circle’s USD-pegged stablecoin continues the positive momentum that has seen its supply increase by 100% year over year.
The milestone follows a 23% growth in the past month. Within that period, it added more than $10 billion. Following its recent performance, Circle USDC has now made a full resurgence from its 2023 decline.
