Stablecoin USDC Sees Record Inflows

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USDC’s net inflow to centralized exchanges could indicate strategic buying by crypto investors.

Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also seeing considerable activity.

As such, USDC’s recent deposits to centralized crypto exchanges could signal investors buying the dip amidst several market corrections in recent weeks.

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