$USDC remains stable at $0.99999 as of May 9, 2025, with a market cap of about $26.1 billion and 24-hour trading volume near $19.4 billion[best_data]. There are no reports of major disruptions or depegging events; USDC continues to function as a reliable stablecoin, maintaining its 1:1 peg to the US dollar.

Recent technical analysis shows bullish momentum, with prices expected to stay close to $1 through the coming months. $USDC is widely used for trading, payments, and DeFi applications, and is backed by reserves held in cash and U.S. Treasury bonds. No significant regulatory or operational news has affected USDC’s stability this week.