The trading volume of one second-tier stablecoin alone is as high as 23 billion U.S. dollars. If USDT is added, the figure will be even more astonishing. The hundreds of millions invested by the German government are nothing compared to this, and are nothing more than self-intimidation. After Circle announced that its stablecoin USDC complies with European MiCA regulations, the daily trading volume of USDC and EURC increased significantly. In 2024, USDC's average weekly trading volume has reached a staggering US$23 billion, a significant increase from US$9 billion in 2023 and US$5 billion in 2022. Today, USDC’s share of the stablecoin market is close to 14% of FDUSD, reaching a record high. This data fully demonstrates USDC’s strong strength and continued growth in the digital currency market.

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