$USDC Here is the latest update on **USDC (USD Coin)** and **USDT (Tether)** in **June 2024**, along with key trends and regulatory developments:
**1. USDC (USD Coin) – The Latest Moves from Circle**
- **IPO Plans:** Circle, the issuer of USDC, has confidentially filed for an **IPO in the US** (after a failed SPAC merger in 2022). This could enhance transparency and trust in the stablecoin.
- **Expansion of Reach:**
- Launched **USDC on Solana** as an official "recommended" stablecoin.
- Partnered with **Mercado Livre** (the largest e-commerce platform in Latin America) for cross-border payments.