💵 USDC (USD Coin) — Stablecoin Strength & Regulatory Boost
USDC remains solid at $0.9998, closely maintaining its $1.00 peg with a market cap of $63.8B and 24h trading volume around $15B.
🔍 Backed 1:1 by cash & short-term U.S. Treasuries, USDC is now officially regulated under the newly signed GENIUS Act. This law ensures monthly reserve disclosures, AML compliance, and stronger user protections — paving the way for broader institutional adoption.
🏦 Big news:
• FIS partners with Circle to offer USDC payments to U.S. banks.
• Circle applies to launch a federally regulated trust bank to manage USDC.
USDC is now one of the most transparent and compliant stablecoins, leading the shift toward regulated digital dollars.
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