NEAR Protocol's Native USDC Surpasses $200 Million

According to Odaily, NEAR Protocol's native issuance of USDC has exceeded $200 million. The digital currency, USDC, is a stablecoin that is pegged to the United States dollar. The significant increase in the issuance of USDC on the NEAR Protocol platform indicates a growing interest and trust in the platform's capabilities. NEAR Protocol is a decentralized platform that enables the creation of scalable and user-friendly applications. The platform's native issuance of USDC reaching this milestone is a testament to its growing popularity and acceptance in the digital currency market. It's important to note that the rise in USDC issuance does not necessarily mean an increase in the value of NEAR Protocol's native token. However, it does indicate a growing use of the platform for transactions and a potential increase in the demand for its services. This news comes as a positive sign for NEAR Protocol and its users, indicating a healthy growth and promising future for the platform.