$USDC

Analysis of USDC from January to June 2025

From January to June 2025, USDC maintained its stability close to $1.00, with minimal variations, such as $0.9998769 in May, reinforcing its reliability as a stablecoin. During this period, its circulating supply increased from $44 billion to nearly $61 billion, driven by growing institutional demand and use in DeFi platforms.

Circle, the issuer of USDC, stood out with a successful IPO in June, raising its market capitalization to around $22 billion. Despite generating 98% of its revenue from interest on reserves in U.S. Treasury securities, the company faces challenges with potential cuts in interest rates, which may impact its profitability.

With a market share of 24%, USDC solidified its position as the second largest stablecoin, only behind Tether. Its continued growth and the expansion of applications in the Web3 ecosystem indicate an increasingly central role in the cryptocurrency market.