$USDC Today marked a fundamental change for USDC, as the U.S. Senate passed the GENIUS Act (with a bipartisan vote of 68 to 30), establishing stricter rules for stablecoins, including reserve mandates and banking oversight, and is now heading to the House. Meanwhile, Circle's historic IPO on June 5 exceeded expectations, with shares soaring from $31 to $83, consolidating Wall Street's growing confidence in regulated stablecoins. Additionally, Circle announced the expansion of USDC in the XRP Ledger ecosystem on June 12, extending its multichain presence and reinforcing its utility in cross-border payments and DeFi. With regulatory momentum, strong market performance, and broader blockchain integration, USDC appears to be evolving from a simple peg instrument to a conventional financial infrastructure.