$USDC USDC itself is a stablecoin, so its price remains around $1. However, looking at the broader market sentiment, today's developments suggest a bullish outlook for USDC:

Increased circulation: A net increase of 1.7 billion USDC suggests rising demand.

Institutional adoption: Thailand and Japan are expanding USDC use cases.

White House Crypto Summit: Pro-crypto sentiment could boost stablecoin usage in the U.S.

If the overall crypto market rallies, #USDC demand could rise further, but if markets dip, it may see increased redemptions. Right now, the trend appears slightly bullish for USDC adoption.