$USDC is a regulated stablecoin that's backed by USD. Design | Coralee Members vqMr on Binance Square

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$USDC is a regulated stablecoin that's backed by USD. Designed to maintain stable value, USDC enables instant, low-cost global payments with 24/7 liquidity.

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#CryptoStocks Top crypto stocks on Wall Street surged on Wednesday after the U.S. Senate approved a milestone stablecoin bill, fuelling hopes for broader adoption of what was once a niche corner of the crypto sector. The bill was passed with bipartisan support, marking a turning point in the debate over crypto oversight, and a breakthrough for a sector long stuck in regulatory limbo. The tokens have gained traction for offering crypto’s convenience without its volatility. Pegged to currencies like the U.S. dollar, they aim to hold a stable value backed by reserves.

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#PowellRemarks The Federal Reserve kept a steady hand on interest rates, maintaining them at their target range of 4.25% to 4.5%. The central bank is calling for two rate cuts this year, but policymakers see higher inflation. They have also cut their outlook for gross domestic product. At his press conference, Federal Reserve Chair Jerome Powell said that policymakers are "well positioned to wait" before moving further on rates. He also said that "we're beginning to see some effects" of tariffs on inflation.

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#GENIUSActPass Seneta pass crypto friendly Act. Here is the key point The Senate passed the GENIUS Act Tuesday, giving a boost to stablecoin cryptocurrencies. As their name suggests, stablecoins are meant to have unchanging value relative to the U.S. dollar, in contrast to more volatile cryptocurrencies like Bitcoin. The bill requires companies issuing stablecoins to back their coins with safer assets like U.S. dollars or Treasurys. Critics including Elizabeth Warren said the bill does nothing to prevent someone from bribing the president with stablecoins: a concern because Trump and his family are heavily entangled in cryptocurrency.

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#MyTradingStyle I prefer day trading for a small amount. Traders who do not hold their positions overnight, closing them before the end of the trading day. This style, often favoured by intraday traders, requires constant monitoring of markets for opportune moments to execute trades. Traders often leverage high liquidity and volatility periods to potentially capitalise on significant market movements, holding positions for hours as needed. However, day trading requires frequent position monitoring over the course of the trading day, and the day trader may incur higher fees in addition to the risk of financial losses.

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$USDC One of the stable coin. When Europe banned USD tether then this coin launched in the market. $USDC

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