USDC is simply on fire 🔥
Market capitalization has just soared to record highs (around $79 billion and continues to grow) amid a sharp increase in demand in the Middle East due to geopolitical chaos. Over-the-counter (OTC) platforms in Dubai are overflowing with people who are opting for fast on-chain transfers in USDC over slow banks. When uncertainty arises, trust in the digital dollar prevails. Bullish sentiment for mass adoption in the real world!