Arbitrum USDC Market Cap Nears $5.2 Billion, With Majority Possibly Concentrated on Hyperliquid Platform

Arbitrum’s USDC stablecoin has surged to a $5.2 billion market cap, with a striking 70% concentrated on the decentralized perpetuals exchange Hyperliquid, revealing key liquidity trends. This concentration underscores Arbitrum’s

Source: CoinOtag