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Stellar Price Rises by 10% After USDC Heralds it as "Official Chain"

Stellar Price Rises by 10% After USDC Heralds it as "Official Chain"
Good news for Stellar owners today, who through no effort of their own increased the value of their holdings by 10% in the past 24 hours. The value of a single Stellar, or XLM, is now $0.08.

The price hike could perhaps be attributed to Thursday's announcement that USDC, the US dollar-pegged stablecoin led by Coinbase and Circle, will integrate with the Stellar blockchain at the start of next year.

Announcing Circle's USDC support for Stellar across its suite of payments infrastructure APIs and business account products by Q1 2021 
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