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news-imageFebruary 7, 2025

USDC finally makes full recovery from FTX market crash

USDC, Circle's once-battered stablecoin, has finally officially pulled off a full recovery from the disaster of FTX's collapse. Its market cap is back at $56.2 billion, matching what it was before the crypto giant fell apart in November 2022, according to data from CoinMarketCap.
Publisher: Cryptopolitan
Sentiment: Positive
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February 2, 2025

Stablecoins Boom USDC's Rise Sparks New Market Shift

The stablecoin market has just crossed a historic milestone, reaching a market capitalization of over $200 billion. This rapid progression reflects a growing interest from investors in these dollar-backed assets, often perceived as a more stable alternative amidst the volatility of cryptocurrencies.

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