Centre Blog

USDC Market Cap Crosses $20 Billion

CENTRE Consortium
CENTRE Consortium
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May 24, 2021 7:32:42 PM

 

USDC recently passed $20 billion in market cap, another exciting milestone as we continue this period of remarkable growth, and is now swiftly approaching $21 billion. In less than two weeks, USDC has grown by $5 billion by continuing to serve the crypto community as the most trusted stablecoin on the market. Since its launch in 2019, USDC has become a foundational component of the ecosystem, allowing users to interact with DeFi protocols, make payments, or buy NFTs in a safe, secure, and reliable way.

Now is a time to build, and we continue to look to the future, searching for ways to support users of USDC. As the fastest growing stablecoin and one of the largest cryptocurrencies, USDC serves as an integral building block of the crypto ecosystem, available across multiple blockchains including Ethereum, Solana, Algorand, and Stellar. Centre’s standards place an emphasis on transparency and trust, and these principles are also applied to our relationships with a growing number of trusted partners.

As we look to the next $20 billion, and the one after that, Centre is committed to providing every user with an opportunity to access crypto markets and conduct their business in an efficient, trustworthy, and dependable way. We are proud to support millions of customers and transactions around the world as we create the foundation of the digital economy together.