$USDC – Recent Signals & Key Updates (May 2025):

1️⃣ Stablecoin Bill Fails in US Senate:

The long-awaited "Genius Act," aimed at regulating stablecoins like USDC, did not pass in the U.S. Senate (49-48 vote). This has increased short-term regulatory uncertainty for stablecoins.

Source: AP News

2️⃣ USDC Treasury Burns 50M Tokens on Solana:

The USDC treasury has burned over 50.59 million tokens on the Solana network—standard supply control measures that indicate ongoing stability management.

Source: Binance Square

3️⃣ Coinbase Launches USDC-Backed Crypto Loans:

Coinbase has rolled out BTC-collateralized USDC loans directly through its app, bringing traditional financial services closer to the crypto world.

Source: PYMNTS

4️⃣ USDC Circulating Supply Nears $61 Billion:

USDC supply has surged 38.6% since the start of 2025, nearing $61 billion in total circulation—showing growing demand and adoption.

Source: Yahoo Finance

5️⃣ Circle to Launch Cross-Border Payments Network:

USDC issuer Circle is preparing to launch a stablecoin-powered global payments network this May to simplify cross-border transactions.

Takeaway:

USDC remains a transparent, regulated, and increasingly adopted stablecoin—even amid policy challenges. With expanding utility and backing from major platforms, it continues to signal strength in the crypto space.