#CryptoFees101 second-largest stablecoin, has been making headlines. On June 5, Circle, its issuer, debuted on the NYSE under "CRCL," tripling its $31 IPO price to $83.23, raising $1.1 billion and valuing the company at $6.8 billion. This reflects growing institutional trust in regulated stablecoins. Recently, a $250 million USDC minting on Solana sparked speculation of a bull run. Despite Tether's $150 billion dominance, USDC’s $61 billion market cap and transparency drive its appeal. Coinbase CEO hailed USDC as the most trusted stablecoin, while a $1.8 billion outflow from Solana hints at shifting dynamics. These developments signal USDC’s evolving role in crypto markets
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.