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Eshal fatima
Circle just reported that USDC circulation reached $77.2 billion at the end of Q2.
That’s up 90% from a year ago.
But the part I find more interesting is what happens next.
Circle is building @arc, its own blockchain, where USDC will be used as the gas token.
So after spending years putting USDC on almost every major chain, Circle is now building a chain around USDC itself.
At $77B+ already circulating, they’re not exactly starting from zero users or zero liquidity either.
If Arc gets even a small percentage of existing USDC activity to move over, it could get interesting pretty quickly.#AIMemoryBullTest #FedHawksVsWeakJobs #SpaceXUnlockRebound
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