$USDC cryptocurrency $USDC SUI is experiencing explosive growth! Its stablecoin supply has surpassed 900 million dollars for the first time, increasing by more than 180% this year, becoming the market's focal point. The price once surged to 3.47 dollars but has slightly corrected, currently fluctuating around 3.15 dollars as the market enters a critical juncture.

The Significance Behind the Increase in Stablecoins

In recent months, the supply of stablecoins on the SUI network has skyrocketed, with USDC dominating, followed by FDUSD, USDY, BUCK, and AUSD. This growth reflects a sustained increase in on-chain activity, a significant boost in liquidity, supporting a rebound of more than 70% from the currency's price lows.