Token Terminal lists USD Coin on Arc for tracking metrics
Summary
The stablecoin USDC has been officially listed on Arc, now available on Token Terminal, a platform that tracks important metrics such as market cap, holders, and transfer volume, with USDC currently having a market cap of $649 million. This listing aligns with a broader trend where analytics platforms are enhancing their coverage of stablecoins, incorporating detailed on-chain metrics to better track market activity. Token Terminal's ongoing efforts to expand its listings and asset-specific dashboards further support this initiative, facilitating comprehensive crypto market analysis.
Tokens
$USDC
Analysis
USD Coin: USD Coin (USDC) is a fiat-collateralized stablecoin issued by Circle and pegged to the US dollar. It serves as a key liquidity and settlement asset across decentralized finance protocols and centralized exchanges. The news highlights its new listing on Arc as now live for tracking on Token Terminal. Token Terminal: Token Terminal is a data analytics platform focused on on-chain financial metrics for crypto assets, protocols, and tokens. Users can monitor metrics such as market cap, holders, transfer activity, DeFi TVL, and DEX volumes through a unified interface. The platform has integrated the USDC on Arc listing to expand its coverage of stablecoin data. Stablecoin Visibility: Analytics platforms are expanding coverage of stablecoins to include granular on-chain metrics like holders and transfer activity. Data Platform Integration: Token Terminal continues to add new listings and asset-specific dashboards to support broader tracking of crypto market activity.
Categories
cryptodefisolana