USDT’s reign is being challenged, and the institutional market is choosing a new side. USDC has just proven its strength.
Circle reported revenue of $865 million in the third quarter. However, the standout figure was on-chain settlement volume, which reached $13.9 trillion, up 49 percent.
Confidence is so high that Binance invested $100 million directly in Circle. In addition, Visa officially announced the use of USDC to pre-fund its operations. The coin is moving beyond being merely a trading pair to become the foundation of global corporate payments.
With the Arc mainnet and the acquisition of Tazapay on the way, the infrastructure is becoming increasingly robust.
The question is: Will USDC finally snatch the crown from USDT?
$CAP
$BTC
$ETH
#Binance #BinanceSquare
Circle reported revenue of $865 million in the third quarter. However, the standout figure was on-chain settlement volume, which reached $13.9 trillion, up 49 percent.
Confidence is so high that Binance invested $100 million directly in Circle. In addition, Visa officially announced the use of USDC to pre-fund its operations. The coin is moving beyond being merely a trading pair to become the foundation of global corporate payments.
With the Arc mainnet and the acquisition of Tazapay on the way, the infrastructure is becoming increasingly robust.
The question is: Will USDC finally snatch the crown from USDT?
$CAP
$BTC
$ETH
#Binance #BinanceSquare