USDC On HBAR Hits New All-Time High: Will HBAR Price Follow?

The soaring stablecoin market on Hedera Hashgraph (HBAR) has breached unprecedented levels, now topping $113.76 million. Overall, HBAR Network’s stablecoin section witnessed a 38.58% increase in market cap in 7 days, while crypto connoisseurs are gossiping about something brewing between USDC stablecoin’s parent company Circle and Hedera Network. https://twitter.com/markchadwickx/status/1915527578049536486 As one of the most popular MiCA-compliant stablecoins, USD Coin (USDC) is likely to increase its cross-border usage. With the recent HBAR Foundation’s friendly communication with USDC on X, tongues were wagging about HBAR Foundation joining forces with Circle to build a crypto competitor for PayPal. However, this isn’t confirmed

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