$USDC Stablecoin Surge*: The total market capitalization of stablecoins, including USDC, has surpassed $235.6 billion, with USDC leading the charge ¹.
- *Regulatory Approval*: Thailand's SEC has approved USDC, along with Bitcoin, Ethereum, and other cryptocurrencies, as part of its list of approved digital assets ¹.
- *Partnerships and Integrations*: Circle, the issuer of USDC, has partnered with BNY Mellon to supercharge USDC services, and has also launched a beta version of USDC on Japan's SBI VC Trade platform ¹.
- *Market Volatility*: USDC briefly depegged from the US dollar due to Circle's $3.3 billion exposure to Silicon Valley Bank, but has since stabilized ².
- *Circle's Growth Plans*: Despite market volatility, Circle plans to increase its staff headcount by 25% and is exploring plans to go public ².
For the latest USDC news and updates, you can check out Cointelegraph and MarketBeat ¹ ³.