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USD Coin (USDC) Transactions Set an Annual Record on Algorand

Algorand reported a new annual record for USDC transactions on its network.

Updated 1 min read
A passerby checks a smartphone on a rain-darkened sidewalk in Boston. / TokenPost.ai (macro)
A passerby checks a smartphone on a rain-darkened sidewalk in Boston. / TokenPost.ai (macro)

Algorand reported an annual high in transactions involving USD Coin (USDC) on its network, a milestone that marks a record level of activity for the dollar-pegged stablecoin there.

Circle issues USDC, which is intended to hold a U.S. dollar peg.

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