$USDC

In recent days, the USDC currency has witnessed significant developments reflecting its accelerating presence in the cryptocurrency market. On May 3, 2025, Circle announced the minting of an additional 250 million USDC on the Solana network, bringing the total minted there this year to over 5 billion USDC, thereby enhancing the integration of the currency in decentralized finance applications. In a move indicating its growing importance, reports indicated that Ripple made a $10 billion acquisition offer for Circle, which was rejected as the latter preferred to move towards an initial public offering. Additionally, Circle revealed the launch of the Paymaster feature, which allows network fees to be paid using USDC on networks such as Arbitrum and Base, with plans to expand to Ethereum, Polygon, and Solana. USDC has also seen remarkable expansion in Africa, specifically in Nigeria, through a partnership with the Onafriq platform to facilitate cross-border payments. With these achievements, USDC continues to establish itself as a leading and versatile stablecoin globally.