Recently, the popularity of the stablecoin market has surged, with USDC, which is pegged to the US dollar at a 1:1 ratio, performing remarkably. As of May 2025, its market capitalization reached $61.7 billion, an approximate 10% increase compared to the same period in 2024, with a circulating supply exceeding 6.16 billion coins. In trading data, indicators from Visa and Allium Labs show that the total trading volume of USDC reached $456 billion, surpassing USDT. Furthermore, Circle successfully went public, with a significant increase in stock price on the first day, demonstrating the market's confidence in USDC. In the future, with compliance advantages, it is expected to further expand in the stablecoin market.