$USDC May 16, 2025, USD Coin (USDC) is trading at approximately $0.9999, maintaining its peg to the U.S. dollar. The stablecoin boasts a market capitalization of around $60.64 billion, positioning it as the second-largest stablecoin by market cap, following Tether (USDT).

USDC's 24-hour trading volume stands at approximately $11.41 billion, reflecting its significant role in the cryptocurrency ecosystem. The stablecoin's consistent value and high liquidity make it a preferred choice for traders and investors seeking stability amidst the volatile crypto market.

Recent developments include Circle's launch of native USDC on the Sonic blockchain, expanding its presence across multiple blockchain platforms. Additionally, USDC has been approved in Dubai, signaling growing global adoption.