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USDC Stablecoin reached a turnover of $5.5 billion
Summary: Centre, a joint venture of Coinbase and Circle, issued a "state of USDC" summary when its USDC stablecoin reached a $5.5 billion transaction volume milestone. Centre emphasizes their expectation that USDC use exceeds its trading function and believes that USDC has great opportunities in the use of loans, commerce, global remittances, the Internet of Things ...
Centre, a joint venture of Coinbase and Circle, issued a "state of USDC" summary when its USDC stablecoin reached a $5.5 billion transaction volume milestone. Centre emphasizes their expectation that USDC use exceeds its trading function and believes that USDC has great opportunities in the use of loans, commerce, global remittances, the Internet of Things and various financial contracts. In addition, they also highlighted USDC's monthly audit to ensure that USDC tokens are actually supported by US dollars as ERC-20 tokens built on the Ethereum blockchain.
