Arc Stablecoin Market Capitalization Rises $155 Million in a Week
Photo: TokenPost
Stablecoin market capitalization on Arc increased by about $155 million in seven days to $670.74 million in figures viewed at 11:09 p.m. ET Oct. 19 (03:09 UTC Oct. 20), extending growth on Circle’s network. USD Coin (USDC) accounted for $661.54 million, or 98.63% of the total. Arc’s total stablecoin market capitalization was 30.05% higher than seven days earlier. It represents the combined market value of stablecoins on Arc, rather than funds held in a single wallet.
Source: TokenPost
