Centre Blog

USDC Crosses $25 Billion Market Cap

CENTRE Consortium
CENTRE Consortium

Jun 22, 2021 9:34:32 PM


Following another period of explosive growth, USDC has surpassed $25 billion in market cap and continues to set the industry standard for transparency and accountability in stablecoins. USDC is the fastest-growing stablecoin in the market. It enables a global network of trading, lending, payments, remittances, and DeFi applications with an unmatched level of speed and security.

Despite some recent uncertainty in the crypto economy, the continued growth of USDC is a bullish signal, an indication that users have conviction in the overall market. Rather than moving funds out of crypto altogether via various offramps, users continue to rotate their positions into stablecoins and keep those assets ready to deploy onchain, use them to make payments, or invest for the future. 

The innovation and creativity in the crypto community is among its greatest assets, and new projects continue to emerge that will change the framework of the world as we now know it. Centre is proud to support this development and continues to welcome opportunities to engage with new partners, new projects, and individuals looking to build an accessible, accountable future.