Crypto
USDC Surges 100% Against Turkish Lira Amid Rapid Market Movement
The USD Coin (USDC) has seen a significant surge in value against the Turkish Lira (TRY), with a recent high of ₺1.04 and a current exchange rate of around ₺47.73 for every USDC.
According to Bybit, the market capitalization of USDC is at ₺3.44T TRY, with a 24-hour trading volume of ₺259.24B TRY.
The circulating supply of USDC is 72 billion tokens, and over the last 24 hours, it has increased by a remarkable 100% against the TRY.