DefiLlama data shows that USDC on the Arc chain has surpassed $1 billion. Over the past week, the chain’s stablecoin market capitalization grew 32%, according to the same dataset. The figures also point to a concentrated holding structure, with four addresses accounting for about 73% of the total. The update was cited by ChainCatcher in a 7x24 newsflash. No additional breakdown on the addresses or the timing of the inflows was provided in the source item.
USDC on the Arc chain has surpassed $1 billion, according to data from DefiLlama cited by ChainCatcher.
The data also shows that Arc’s stablecoin market capitalization rose 32% over the past week, while four addresses hold about 73% of the total.
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