|Day's range||0.2746 - 0.2795|
|52-week range||0.0563 - 0.5648|
|Volume (24 hrs)||344.27M|
|Volume (24 hrs) all currencies||344.27M|
BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.
USDC, the dollar-backed stablecoin used to grease the wheels of cryptocurrency trading, has made its way into the Hedera Hashgraph ecosystem. Hashgraph, an alternative to blockchains that uses directed acyclic graphs to time-sequence transactions without bundling them into blocks, sees the introduction of USDC opening the door to large-scale development around areas like decentralized finance (DeFi). “We believe USDC is a key building block for DeFi and payments use cases in the crypto economy,” said HBAR Foundation CEO Shayne Higdon.
The Grayscale Bitcoin Trust has about $38.7 billion under management, and the fund's overseers have been saying for months they wanted to convert it into an ETF.