$USDC
USDC (USD Coin) is a stablecoin pegged to the US dollar at a 1:1 ratio, jointly issued by Circle and Coinbase. Regarding the "120 times description," based on the data related to USDC from the search results, it can be interpreted from the following angles:
1. Annual Growth Scale
According to data from 2025, the supply of USDC has significantly increased within a year, with a year-to-date (YTD) growth amounting to $12 billion. This figure reflects the rapid expansion of USDC in the market, especially its core role in cross-border payments, DeFi, and institutional adoption.
2. On-chain Transactions and Whale Activity
Some whale addresses have been using USDC extensively in cryptocurrency trading. For instance, a whale once spent 2.03 million USDC to purchase the meme coin FARTCOIN, with a single transaction amount reaching several million dollars. The high-frequency on-chain transactions may be likened to an activity level of "120 times," but the specific number of transactions requires further analysis in context.
3. Points Activities and User Participation
In Binance's Alpha points activity, users need to reach a specific points threshold (e.g., over 120 points) to receive USDC-related token airdrops. Such activities promote frequent use of USDC for transactions or staking through incentive mechanisms, indirectly reflecting its high-frequency application scenarios.
4. Market Position and Comparison with Stablecoins
USDC is known for its transparency and compliance, consistently ranking second among stablecoins by market capitalization (second only to USDT). Its reserve structure (100% cash or short-term government bonds) and monthly auditing mechanism enhance market trust, making it one of the preferred choices for hedging and cross-border settlement, with annual transaction volumes potentially involving "hundreds of billions" in circulation.
In summary, "120 times" can be understood as a symbolic expression, with actual related data including $12 billion in growth, high-frequency trading scale, and high user participation in activities. For detailed data on specific scenarios, one can further refer to on-chain transaction records or platform disclosure reports.