Here’s the latest on USDC:
The U.S. Senate has passed the bipartisan GENIUS Act, establishing a federal framework for stablecoins like USDC—including full-reserve backing and monthly audits. This milestone sent Circle (USDC issuer) shares soaring ~16–34% and boosted Coinbase (co‑founder) ~11–17% .
Separately, USDC reached a record market cap of around $60 billion in March, up from about $44 billion in January, thanks to multi-chain adoption—especially on Ethereum and Solana . A fresh $250 million mint in April further signals rising institutional demand .
Let me know if you’d like details on regulatory changes, usage trends, or market implications!
