$USDC

USDC has made a strong comeback in 2025, reaching a market cap of $56.3 billion by February, fully recovering from its 2023 lows of around $24 billion. This resurgence is driven by increased adoption across DeFi platforms, particularly on Solana, and a broader distribution across multiple blockchain networks.

USDC's transaction volume exceeded $20 trillion in 2024, reflecting its growing role in global financial systems. Circle's strategic move to New York City and its pursuit of an IPO further signal its commitment to integrating with traditional finance.

With regulatory clarity improving and institutional interest rising, USDC is poised for continued growth in the stablecoin market.