USDC, jointly issued by Circle and Coinbase, has its core advantages in strict compliance and transparency. As the world's second-largest stablecoin, the issuance and redemption processes of USDC are supervised by U.S. financial regulatory agencies (such as FinCEN), with reserve assets composed of short-term U.S. Treasury bonds and bank deposits, and are regularly disclosed through third-party auditing firms like Deloitte. In 2025, with the implementation of the U.S. 'GENIUS Act' and the gradual improvement of the global regulatory framework, the market share of compliant stablecoins is expected to further expand, and USDC is likely to dominate this trend.

Circle's profit model relies on the interest income from USDC reserve assets (99% in 2024), with stable returns from short-term Treasury bonds and bank deposits in a high-interest-rate environment. In 2024, Circle's net profit reached $156 million, and the IPO plan will further enhance market confidence.