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Biggest one day USDC print in history marks lowest Bitcoin dominance in years

Published 04/30/2021, 10:50 AM
Updated 05/02/2021, 01:20 PM
Biggest one day USDC print in history marks lowest Bitcoin dominance in years

More USD Coin (USDC) was printed on April 30 than at any time in the dollar-backed stablecoin’s existence, as just over $3 billion was minted in one fell swoop.

New USD Coins are minted whenever a customer exchanges their U.S dollars for the stablecoin, and Friday’s influx amounted to over 26% of its market cap at the time.

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Latest comments

hail audited stablecoins
wow
Crypto is the future. Dump your stocks to the HFs and buy xlm
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