$USDC As of May 4, 2025, USD Coin (USDC) remains stable at around $1.00, reflecting its role as a fully collateralized, dollar-pegged stablecoin. Market cap has surged 80% from 2023 lows, driven by increased demand and on-chain activity. Technical indicators show a neutral-to-slightly bullish trend, with RSI at 54.55 and ADX at 28.06. Support and resistance levels remain tight, highlighting minimal volatility. Recent developments include Ripple's reported $4–$5 billion bid to acquire Circle, which could reshape the stablecoin landscape. Additionally, USDC received regulatory approval in Dubai, expanding its global reach. With a trading volume of $5.2 billion and a circulating supply of 61.5 billion, USDC continues to play a vital role in the crypto economy as a trusted digital dollar.
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