$USDC

USD Coin (USDC) is a stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and co-founded by Coinbase, designed to maintain stable value for transactions and settlements. Below is an overview of recent USDC-related developments in June 2025 and their relevance to crypto stocks, particularly in light of Federal Reserve Chair Jerome Powell’s remarks, which influence market dynamics.