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Circle's Arc on-chain USDC surpasses $1 billion

Oct 28, 02:21

On October 28, according to The Defiant, DefiLlama daily data shows that the USDC supply on Circle's blockchain Arc has surpassed $1 billion, with the network's stablecoin market cap increasing 32% over a week. However, on-chain holdings are highly concentrated, with approximately 73% of USDC currently held by four addresses.

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