$USDC

Here are the latest USDC news updates¹ ²:

- *USDC on XRP Ledger*: Circle has expanded USDC to Ripple's XRP Ledger, enabling faster stablecoin transfers and better payment access. This integration allows developers, institutions, and users to access USDC without bridging, further solidifying USDC's presence on 22 blockchains.

- *IPO Update*: Circle, the issuer of USDC, has raised $1.1 billion in its initial public offering (IPO), exceeding expectations. The company aims for a $5.65 billion valuation, issuing 9.6 million shares.

- *New Partnerships*: Shopify now supports USDC payments via Base across its checkout ecosystem, and (link unavailable) has added USDC payout options for its 8,200+ miners.

- *Frozen Assets*: Circle froze $57.5 million USDC linked to the LIBRA meme coin amid a class-action lawsuit.