
The Surprising Power Duo Behind USDC’s Surge: Coinbase and Circle’s Billion-Dollar Dance
USDC, a stablecoin pegged to the U.S. dollar, is a critical stabilizing element in the dynamic cryptocurrency landscape. Coinbase and Circle share a strategic partnership where Coinbase receives 50% of Circle’s reserve revenue, showcasing a symbiotic financial relationship. In 2024, USDC adoption