๐ USDC is making waves! Amid global economic tensions, USDC shows resilience, bouncing back from a brief dip below parity. Circle's IPO filing unveils Coinbase's juicy 50% share of USDC reserve revenue, with JPMorgan and Citibank backing a $4-5B valuation. This signals strong institutional faith in stablecoins, even as traditional markets wobble. ๐
Technical analysis highlights USDC's stability, with a narrow trading range and increased buying pressure. As geopolitical tensions rise, USDC's role in derivative trading is crucial. What are your thoughts on USDC's future? Share below! ๐