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JUST IN: The 100 richest USDC wallets reach a record high.
USD Coin is one of the most important stablecoins on the market and has the approval of government entities.
Therefore, the 100 richest USDC wallets on the Ethereum network have reached a record $32.71 billion. This is their highest level of concentration since 2022, according to Toheeb Kolade in ETH News.
Even more surprising, just six of these wallets control more than a quarter of the total USDC supply, holding 25.6% between them.