$USDC Today USDC is making headlines as its circulation has doubled from 30 billion dollars to 60 billion dollars, raising concerns among analysts about its rapid growth.

At the same time, Circle, the issuer of USDC, is expanding its operations globally, funding African blockchain projects and collaborating with companies like Flutterwave. Circle's recent IPO on June 5 also attracted attention as the stock price surged over 380%.

Additionally, the US Senate passed the GENIUS Act, which introduces stricter regulations for stablecoins, which is expected to enhance the trust and adoption of USDC. These events reflect the growing influence of USDC and its global reach in the crypto space.