Circle’s USDC, the second-largest stablecoin by market cap, is making a comeback, with liquidity increasing worldwide and usage growing rapidly outside the U.S., leading to a sharp increase in supply in recent months, Coinbase (COIN) said in a research report on Monday.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...