$USDC FLASH INFO - USDC]
The stablecoin USD Coin (USDC) is making headlines this week with major advancements that strengthen its position in the global crypto ecosystem 🌐💵
---
🔸 1. Regulatory adoption in the USA 🇺🇸
The U.S. Senate has approved the “GENIUS Act,” a strict regulatory framework for stablecoins.
👉 Imposes a 1:1 reserve, monthly audits, and federal oversight.
🔐 Goal: to enhance trust around stablecoins like USDC.
---
🔸 2. Explosion of Circle (+34%) and Coinbase (+16%) 🚀
Circle, the issuer of USDC, sees its valuation soar.
Coinbase, Circle's strategic partner, also benefits from the excitement.
Investors anticipate broader institutional adoption.
---