https://www.coindesk.com/circle-coinbase-bring-usdc-stablecoin-to-algorands-blockchainThe CENTRE consortium, led by Coinbase and Circle, announced Thursday its U.S. dollar-backed stablecoin, USD Coin (USDC), would be launched on the Algorand blockchain as part of a new collaboration with the Algorand Foundation.
It was bound to be listed since ALGO secures USDC
https://cointelegraph.com/news/algorand-spikes-30-after-surprise-coinbase-listingAlgorand’s market capitalization has hit a new all-time high after a sudden Coinbase listing sparked the third-strongest day of trade in the coin’s history.
On July 16, Coinbase abruptly announced that ALGO trading had been launched on Coinbase.com and the exchange’s apps. Trade volume for Algorand increased by nearly four times since in response to the listing, comprising the third-strongest day of trade in ALGO’s history.