币界网报道:Circle's USDC stablecoin has seen a significant resurgence, with its market capitalization climbing back above $28 billion after a prolonged decline. The stablecoin's supply has grown by over $1.5 billion since the start of 2024, marking a 6% increase and reversing the downward trend that began in mid-2022. This recovery comes amid a broader "stablecoin summer," with the total stablecoin market cap reaching $161 billion, the highest since April 2022. USDC's rebound follows Circle's strategic moves, including expanding to six new blockchain networks and launching a yield-bearing product in collaboration with BlackRock. The stablecoin's renewed growth signals increasing institutional interest and improved market confidence following last year's banking crisis that temporarily impacted USDC's peg. Meanwhile, Tether continues to dominate the stablecoin sector with a $112 billion market cap, though competitors like USDC and First Digital's FDUSD are gaining traction in the evolving digital payments landscape.