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