$USDC

As of May 16, 2025, the price of USD Coin (USDC) has stabilized at around $0.9999, maintaining its 1:1 peg to the US dollar. The circulating supply is currently close to 61 billion coins, an increase of about 38.6% since the beginning of the year, reflecting the continued rise in demand for stablecoins from institutions and users.

Recently, USDC issuer Circle announced the native deployment of USDC and the cross-chain transfer protocol CCTP V2 to the Sonic blockchain, expanding its applications in the multi-chain ecosystem.

In addition, Circle plans to launch a stablecoin-driven cross-border payment network in May, aimed at improving global payment efficiency.

Overall, USDC has shown strong performance in price stability and application expansion, and with its technological upgrades and increasing market demand, it is expected to play a more important role in the fields of crypto payments and cross-border transactions.