The usage of USDC on Ethereum hits a new high.

GateNews
ETH-1,46%
USDC-0,01%

Gate News bot message, Token Terminal data shows that the usage of USDC on Ethereum has reached an all-time high, with an outstanding supply of approximately 4 billion USD, monthly USDC transfer amount of approximately 635 billion USD, and monthly transfer count of about 7.2 million times.

Users commented that this fully demonstrates the increasing popularity of cryptocurrencies, and the peak usage of stablecoins typically occurs when the market begins to rise.

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