$USDC

USD Coin (USDC) has seen positive developments recently. Its market cap hit a record $60 billion in March 2025, surpassing its 2022 high, reflecting strong growth and adoption. USDC exchange reserves reached a 14-month high of $6.5 billion, signaling robust liquidity. The stablecoin has been approved in new markets, including Japan, where it became the first USD stablecoin listed under a new regulatory framework, and in Abu Dhabi, UAE, as a recognized money services provider. Posts on X also highlight USDC's integration on platforms like the Sonic Network by Binance, enhancing its accessibility. Additionally, USDC's stability amid global market stress, with minimal volatility, has bolstered its reputation as a reliable asset, supported by institutional confidence as Circle prepares for a $4-5 billion IPO on the NYSE.