$USDC

The 2025 State of the USDC Economy Report highlights the significant growth of USD Coin (USDC), a stablecoin issued by Circle, fully backed by US dollars and equivalents. USDC’s circulation grew over 78% year-over-year, outpacing other major stablecoins. It supports 20 blockchain networks, enabling fast, low-cost global transactions. The report emphasizes USDC’s role in payments, digital asset markets, and humanitarian aid, with partnerships like Nubank expanding access. Transparency is maintained through monthly Deloitte attestations, ensuring reserves match circulation. Regulatory compliance, including EU’s MiCA framework, and integrations with banks enhance USDC’s stability and adoption.