USDC Skyrockets by 100% in 24 Hours, Reaches New Market Capitalization High

USDC, the popular cryptocurrency pegged to the US dollar, has seen a significant surge in value over the past 24 hours. The asset has increased by 100% in that time frame, with its market capitalization reaching $102.33 billion AUD. This rise in value is reflected in its exchange rate against the Australian dollar, which currently stands at approximately 1 USDC = $1.4162416181599395 AUD.

The circulating supply of USDC remains at 72B units, with a 24-hour trading volume of $11.60 billion AUD. The asset's price history shows an all-time high of $1.04 and an all-time low of $0.877647, highlighting its volatility over time.