$USDC

USD Coin (USDC) has maintained its \$1 peg as of May 2025, with its market capitalization exceeding \$61 billion, reflecting strong institutional demand and trust in its fully backed reserves. Circle, the issuer of USDC, is expanding its global footprint by launching a cross-border payments network aimed at streamlining international transactions. In Africa, platforms like ZendWallet have integrated USDC to facilitate faster and more affordable cross-border payments for businesses. Additionally, Visa and Baanx have introduced USDC-backed payment cards, enabling users to spend USDC directly from their wallets. Circle has also filed for a U.S. IPO, signaling its commitment to transparency and regulatory compliance. ([Binance][1], [Axios][2], [Nairametrics][3], [CoinDesk][4], [Investopedia][5])

[1]: https://www.binance.com/en/square/post/23781265601473?utm_source=chatgpt.com "As of May 2025, USDC is stable around $1, with a market capi"

[2]: https://www.axios.com/newsletters/axios-crypto-995b47b0-2128-11f0-9fff-ab168044284b?utm_source=chatgpt.com "⚖️ Stablecoins showdown"

[3]: https://nairametrics.com/2025/05/06/african-businesses-can-now-access-faster-cross-border-payments-using-zendfx-zendwallets-usdt-and-usdc-stablecoin-features/?utm_source=chatgpt.com "African businesses can now access faster cross-border payments using Zendfx- ZendWallet’s USDT and USDC Stablecoin features"

[4]: https://www.coindesk.com/business/2025/04/30/visa-and-baanx-launch-usdc-stablecoin-payment-cards?utm_source=chatgpt.com "Visa and Baanx Launch USDC Stablecoin Payment Cards - CoinDesk"

[5]: https://www.investopedia.com/usdc-stable-coin-issuer-circle-files-for-us-ipo-amid-rocky-markets-11707436?utm_source=chatgpt.com "USDC Stable Coin Issuer Circle Files for US IPO Amid Rocky Markets"