USDC is now one of the most widely used stablecoins. In May, it had an average of $3 billion in daily trading volume, boosted by the market meltdown from May 13 to 15.
According to one research, the currency has become the most popular digital asset, with an average purchase price of $3,636,201 and a token quantity of 3,628,528.
Other digital assets acquired by the top 100 wallet addresses include Tether, Binance United States Dollar (BUSD), WOO Network (WOO), USDP, Curve (CRV), Gala (GALA), Chainlink (LINK), and Enjin (ENJ).
USDC is a stablecoin that is available on a number of the world’s most powerful blockchain networks.
USDC has overtaken Shiba Inu (SHIB) and Tether to become the third-most owned cryptocurrency among the top 100 Ethereum wallet addresses, behind only Ether (ETH) and FTX Token (FTT).
The average coin value was $8,713,062, while the average quantity was 8,699,484.
Aside from FTX Token and Ethereum, the top 100 wallet addresses also hold Shiba Inu, Tether, BEST, Decentraland (MANA), SwissBorg (CHSB), OKB, and MXC.
The total amount of USDC owned was around $871.31 million, which equals 17% of all coins held by the top 100 Ethereum wallet addresses.
