$USDC
USDC market is booming, the leading stablecoin is in the spotlight!
As the second-largest stablecoin pegged 1:1 to the US dollar,
USDC's market capitalization has exceeded 61 billion USD, showing stable performance recently.
Circle (CRCL) stock price soared after its listing,
with a 168% increase on the first day at the New York Stock Exchange on June 5
reaching 149.15 USD by June 18,
reflecting the optimistic sentiment of the market towards stablecoins' prospects.
The U.S. Senate passed the GENIUS Act,
laying the groundwork for the regulation of stablecoins like USDC, with institutional adoption accelerating,
such as Coinbase using it as collateral for futures trading.
Shopify integrates USDC payment, expanding e-commerce application scenarios.
On-chain data looks impressive, with a surge in USDC inflow on the TRON network,
indicating strong demand from both retail and institutions.
Investors should pay attention to regulatory developments, dollar policy, and market volatility risks.
USDC's low volatility and high liquidity
make it the preferred choice for hedging in the crypto market,
and it may shine brightly in the fields of payments and settlements in the future!