US EditionUnpacking Circle's IPO Filing and USDC’s On-Chain Footprint
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Unpacking Circle's IPO Filing and USDC’s On-Chain Footprint
In this special edition of Coin Metrics’ State of the Network, we unpack key takeaways from Circle’s IPO filing and pair them with USDC’s on-chain data to understand how Circle generates revenue, how factors like interest rates affect its business, and the role of platforms like Coinbase and Binance in shaping USDC’s distribution. We also explore USDC’s on-chain footprint to assess Circle’s positioning in an increasingly competitive landscape. K…
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