$USDC USDC (USD Coin) as the world's second-largest stablecoin has shown outstanding performance in market share, compliance, and institutional adoption in recent years, but it also faces competition from USDT, regulatory pressure, and challenges from emerging stablecoins. Below is a comprehensive analysis of USDC:

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### **1. Market Performance and Growth Trends**

- **Market Capitalization and Trading Volume**:

- USDC currently has a market capitalization of approximately **60.9 billion USD**, second only to USDT (153 billion USD), accounting for about 25.5% of the stablecoin market share.

- In April 2025, USDC's daily trading volume on Binance reached a historical high of **21.9 billion USD**, more than doubling compared to early 2024.

- **USDC on the Solana chain is growing rapidly**, with a monthly minting of 6 billion USD in January 2025, accounting for 75% of Solana's stablecoin liquidity.