$USDC Here’s a detailed analysis of **USD Coin (USDC)** as of June 2025, covering its market performance, regulatory developments, adoption trends, and risks:
---
### **1. Market Performance & Key Metrics**
- **Price Stability**: USDC maintains its 1:1 USD peg, trading at **$1.00** (June 19, 2025), with minor fluctuations (e.g., -0.01% daily change) .
- **Market Cap**: **$61.4 billion**, making it the second-largest stablecoin behind Tether (USDT) at $155.6 billion .
- **Circulating Supply**: ~61.4 billion USDC, with daily trading volumes exceeding **$9.39 billion** .
- **All-Time High/Low**: $1.17 (peak) and $0.88 (low), reflecting rare depegging events during past market crises .
---
### **2. Regulatory & Legislative Catalysts**
- **GENIUS Act**: The U.S. Senate passed this landmark stablecoin bill, requiring 1:1 USD backing, monthly reserve audits, and regulatory oversight. It awaits House approval and Trump’s signature .
- **Impact on Circle (USDC issuer)**: Circle’s stock (CRCL) surged **540% post-IPO**, fueled by expectations of regulatory tailwinds .
- **Corporate Adoption**: Companies like Shopify, Coinbase, and JPMorgan are integrating USDC for payments and settlements .
---
### **3. Adoption & Use Cases**
- **DeFi & Payments**: USDC is widely used for cross-border transactions, decentralized finance (DeFi) protocols, and corporate treasury operations .
- **Partnerships**:
- **Shopify**: Allows merchants to accept USDC via Coinbase’s Base network .
- **Worldcoin**: Upgraded to native USDC for eyeball-scanning payments .
- **Brazil’s Matera**: Integrated USDC for real-time ledger settlements .
- **Institutional Demand**: Banks like Société Générale and Santander are exploring USDC-like tokens, signaling mainstream acceptance .
---
### **4. Competitive Landscape**
- **Tether (USDT) Dominance**: USDT’s $155.6B market cap overshadows USDC, but USDC’s regulatory compliance is a key differentiator .
- **Risks from New Entrants**:
- **Trump’s USD1**: A stablecoin by World Liber
