$USDC USDC maintains its $1.00 peg, backed by reserves, and remains the second-largest stablecoin with a market cap around $61 billion. Recent developments include its launch on the XRP Ledger, expanding its multi-chain presence to 22 blockchains. Coinbase is also integrating USDC as collateral for US futures trading starting in 2026, pending CFTC approval, marking a significant step in its regulated use. Circle, USDC's issuer, recently went public (CRCL) and has seen a substantial stock surge, partly due to the US Senate advancing stablecoin legislation, signaling growing regulatory acceptance and potential for broader adoption.