Ethereum's USDC Mints Surge, Tokenized Gold Market Hits $3.9 Billion

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Based on Coinotag, rapid USDC mints on Ethereum totaling over $500 million have been recorded, signaling increased stablecoin activity. The stablecoin supply on Ethereum has grown 65.5 times since January 2020, outpacing the 21.6-fold rise in Ethereum’s market cap. Meanwhile, the tokenized gold market has reached a $3.9 billion market cap in five months, driven by steady inflows and institutional interest in blockchain-based real-world assets.

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