Why Circle's ‘Super Positive’ IPO Could be Bullish for Ethereum: Analysts

decrypt.co/324046/why-circles-super-positive-ipo-could-be-bullish-ethereum-analysts

In brief
- USDC’s concentration on Ethereum is bullish for the network’s native asset, analysts said.
- More than half of USDC’s circulating supply exists on Ethereum, while layer-2 networks and other scaling solutions support major amounts as well.
- Etheruem’s name will inevitably…

This story appeared on decrypt.co, 2025-06-07 08:58:30.492000.
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