$USDC USDC has been dynamic. The issuer Circle performed brilliantly upon its listing, with the stock price soaring from $31 to $83.23 on the first day of trading, triggering multiple circuit breakers, and the market capitalization breaking through $18 billion, with IPO subscriptions exceeding 20 times, raising funds from $600 million to $1.1 billion. Its circulation has grown significantly, increasing by 78% over the past year, with over 500 million end users globally. In November 2024, the monthly trading volume is expected to exceed $1 trillion, and the total trading volume will surpass $20 trillion, with the market capitalization currently close to $61.5 billion. Additionally, Coinbase's Derivatives plan will support USDC as collateral for futures trading before 2026 and has already received approval from the CFTC.