Maple’s SyrupUSDC Surpasses $1 Billion Supply Amid Arbitrum Expansion
SyrupUSDC – a yield-bearing stablecoin issued by asset manager Maple Finance, which oversees more than $3.5 billion – surpassed $1 billion in supply on Wednesday, Sept. 3.
The stablecoin’s market capitalization jumped from $970 million early Wednesday to $1.01 billion at the time of writing. The surge marks an 18% increase from one month ago, and a 59% increase since the beginning of summer.
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