$USDC As of May 4, 2025, USD Coin (USDC) maintains its peg at approximately $1.00, underscoring its status as a fully collateralized, dollar-backed stablecoin. Its market capitalization has surged 80% from the lows of 2023, fueled by rising demand and growing on-chain activity. Technical indicators point to a neutral-to-slightly bullish outlook, with the Relative Strength Index (RSI) at 54.55 and the Average Directional Index (ADX) at 28.06. Tight support and resistance levels reflect low volatility.

Recent developments include a reported $4–$5 billion acquisition bid from Ripple to acquire Circle, the issuer of USDC—a move that could significantly reshape the stablecoin sector. Additionally, USDC secured regulatory approval in Dubai, marking a key milestone in its international expansion. With a trading volume of $5.2 billion and a circulating supply of 61.5 billion, USDC remains a cornerstone of the digital asset ecosystem, providing a reliable and widely adopted digital dollar.