$USDC

USDC – Seen as 'underperforming', but is quietly regaining trust from the market”

While USDT still holds the crown in terms of market capitalization, USDC – the stablecoin issued by Circle – is making a notable comeback in 2025. After a period of decline due to losing its peg, USDC has regained its position thanks to transparent actions, legal compliance, and actively expanding across multiple chains.

Currently, USDC is available on Ethereum, Solana, Base, Arbitrum, and is being strongly integrated into DeFi applications, wallets, and DEX platforms. Circle is also ahead in standardization – becoming a bank-friendly stablecoin and appealing to traditional financial institutions.

More importantly, in the context of the U.S. finalizing stablecoin legislation (GENIUS Act), USDC is the only token with a clear legal advantage to rise if regulations are passed.