$USDC
As of today, the U.S. Senate has passed the GENIUS Act, establishing a federal regulatory framework for stablecoins, requiring issuers to back their stablecoins fully with liquid assets such as dollars or government bonds and to regularly disclose reserve conditions. This move promotes the expansion of capital in the stablecoin market, with the total market capitalization of stablecoins now exceeding approximately $251.7 billion, a growth of about 22% year-to-date.
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🌐 USDC Price and Key Indicators
• Current Price: Approximately $0.9999–$1.00, maintaining a 1:1 peg to the dollar.
• 24-hour Trading Volume: Approximately $10–10.5 billion, reflecting strong market demand.
• Market Capitalization: Circulating supply reaches approximately 61.4 billion USDC, with funds stable across platforms.
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🔍 Brief Analysis
The stablecoin market is demonstrating the robustness and compliance of fiat currencies. The new regulatory bill injects confidence into the market and is expected to guide more traditional financial institutions and tech giants (such as Amazon and Walmart) into this domain. For USDC, adhering to redemption commitments, transparent reserves, and stable pricing against the dollar is core to its stable position. If the bill completes legislation along with high market capitalization and trading volume, it will further consolidate USDC's leadership in payment and DeFi applications.
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✅ Investment Brief
Although USDC is not a speculative target, its critical position in cross-border payments, DeFi activity, and crypto trading cannot be overlooked. Its stable value peg and compliance process make it a hedge choice during volatility in risk assets. If policy developments progress smoothly within the day, the use cases for USDC are expected to expand rapidly.