The USD Coin (USDC) has seen a significant surge in circulation, surpassing $10 billion in market capitalization. This growth is driven by increasing adoption in decentralized finance (DeFi) protocols and stablecoin use cases. As USDC's dominance in the stablecoin market grows, we may see a ripple effect on the broader cryptocurrency market.

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This milestone highlights USDC's growing importance in DeFi and its potential to drive broader market growth.