$USDC maintains its stability around $1, with a market capitalization of approximately $60.68 billion.
Expansion and adoption:
The supply of USDC has increased by 38.6% since the beginning of the year, reaching nearly $61 billion, indicating growing institutional demand.
Circle has launched native USDC on the Sonic blockchain, expanding use cases in the DeFi sector.
Strategic initiatives:
Circle is implementing a cross-border payment network based on stablecoins, aiming to simplify international remittances.
Coinbase has introduced USDC-backed loans, allowing users to obtain liquidity using Bitcoin as collateral.
Future prospects:
According to some forecasts, the price of USDC could reach $1.10 by the end of 2025, reflecting a 10% growth.
USDC continues to consolidate its position as a bridge between traditional and digital finance, thanks to increasing adoption and strategic initiatives aimed at enhancing its utility and user trust.