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Event ends: August 9, 16:00 UTC
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USDC Surges With 18% Market Cap Growth, Gains Edge With Regulatory Compliance
In the stablecoin market, USDC is taking the lead and raking in the cash. Since the beginning of the year, it has seen its market cap grow by an impressive 18 percent.
With that, it has stepped ahead of several competitors. And where clear regulations were becoming a bone of contention for the next stablecoin to emerge, USDC seems to have found a recipe for operating under the radar but still coming out ahead.
Compared to other stablecoins, USDC has a unique and significant distinction as the