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USD Coin Market Cap Crossed $2 Billion for the First Time

The market cap of USD Coin (USDC), the stablecoin issued by the Centre consortium backed by Coinbase and Circle, has passed $2 billion and it’s now $2.06B.
This development represents a growth of 81% compared to $1.14B in August 2020.
Despite the growth, USDC is still far behind Tether (USDT), which market cap has already surpassed $14B.
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