USDC grows in Solana with a discharge of over $ 3.5 billion in a week

by Stephen Douglas
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USDC grows in Solana with a discharge of over $
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USDC grows in Solana with a discharge of over $ 3.5 billion in a week
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THE USDCstablecoin issued by Circleregistered a expressive growth in blockchain Solana, with an emission of more than US $ 3.5 billion In the last week.

This increase represents an important milestone in the adoption of USDC within the ecosystem of Decentralized finances (defi) and digital payments.

According to data from Hodl15capitaldisclosed by Panewsthe USDC market value ran from $ 35 billion to $ 52 billion since the elections in the United States.

This liquidity jump reflects a Increased investor confidencedriven by a favorable macroeconomic environment and the growing USDC integration on blockchain platforms.

USDC: institutional adoption and innovation

In January 24Circle added more US$ 250 million in USDC to the Solana network, consolidating its role as one of the main stablecins in the crypto sector.

This growth occurs in a moment of high volatility in the market, driven by both traditional assets and the emergence of new opportunities in the Blockchain ecosystem.

Circle also advances in financial innovation with the Paymastersolution that allows the payment of USDC transaction fees, eliminating the need for native tokens like ETH.

Traditionally, Blockchain transactions require gas rates to be paid to a native to the network, such as ETHE for Ethereum.

This is usually presents challenges for users who do not have native tokenscreating friction in multiple cryptocurrency management in various blockchains.

For institutions, this requirement can increase regulatory uncertainties and complicate accounting. USDC’s partnership with Paymaster aims to eliminate these obstacles by managing the payment of gas fees on behalf of users.

USDC grows in Solana with a discharge of over $ 3.5 billion in a week

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USDC grows in Solana with a discharge of over $ 3.5 billion in a week

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USDC grows in Solana with a discharge of over $ 3.5 billion in a week

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