As of May 2025, USDC is stable around $1, with a market capitalization exceeding $61 billion. As a compliant stablecoin issued by Circle, pegged 1:1 with the US dollar, USDC is widely used on chains like Ethereum and Solana, particularly dominating the Solana chain. Its reserve assets are audited and verified, enhancing user trust. USDC currently plays a core role in scenarios such as DeFi, cross-border payments, and NFT trading, making it the preferred digital dollar tool for institutions and users, and it is expected to continue benefiting from the trend of stablecoin compliance in the future.