As of May 22, 2025, USD Coin (USDC) is trading at approximately $0.9998, maintaining its peg to the U.S. dollar. The 24-hour trading volume is around $18.4 billion, with a circulating supply of about 61 billion USDC, resulting in a market capitalization of approximately $61 billion.

USDC continues to demonstrate minimal volatility, reflecting its role as a stablecoin designed to mirror the U.S. dollar's value. Recent developments include Circle's filing for a $5 billion IPO to list on the New York Stock Exchange under the ticker symbol CRCL.

For a visual representation of USDC's price stability, here's a recent chart:

Note: The chart reflects USDC's consistent value over time, underscoring its stability in the cryptocurrency market.