$USDC $USDC

Currency $USDC #Continuing to strengthen its position in the cryptocurrency market as one of the most widely used and reliable stablecoins

In the latest development, Circle (the issuer of USDC) rejected a takeover offer from Ripple worth up to $5 billion, affirming its confidence in its future and independence

Circle is also preparing for a public listing on the New York Stock Exchange alongside significant global expansion highlighted by its partnership with Onafriq to enhance the use of USDC in Africa and launch a new payment network to enable fast international transfers

On another note, Visa has partnered with Baanx to launch cards that allow spending USDC directly, which is a significant step towards integrating stablecoins into the daily economy

The current supply of the currency reached $61 billion, a figure that reflects strong growth in institutional demand