๐$USDC Update โ Stablecoin Goes Mainstream
๐ Circle IPO Success: CRCL surged ~168% on its debut to ~$83, now trading near $107, signaling strong investor confidence
๐ธ Massive Minting on Solana: Nearly $250M USDC minted on Solana on June 6โlikely institutional, pointing to fresh capital inflow
๐ก๏ธ Regulation Gains: Coinbase CEO calls USDC โthe most trusted stablecoin,โ while U.S. stablecoin bills move forward in Congress
๐ฌ Why It Matters:
Stablecoins arenโt just for tradingโtheyโre now financial infrastructure: regulated, trusted, and scaling quickly.
