As of today, March 17, 2025, USD Coin (USDC) continues to experience significant developments:

**Price Stability:** USDC maintains its peg to the U.S. dollar, with a current price of approximately $1.00.

**Regulatory Milestones:** In Japan, SBI VC Trade has become the first exchange authorized to list USDC under the country's new payments framework. This approval signifies a pivotal step in Japan's adoption of foreign stablecoins. citeturn0search9

**Market Capitalization:** USDC's market cap has rebounded to $56.3 billion, fully recovering from previous market downturns. This growth underscores the increasing preference for stablecoins in decentralized finance (DeFi).

**Banking Partnerships:** Reports indicate that BNY Mellon is expanding its relationship with Circle, the issuer of #USDC. The bank will enable select clients to transact directly with Circle for buying and selling p#USDC, enhancing liquidity and accessibility.

These developments highlight #USDC expanding role in global finance and its integration with traditional financial institutions.$USDC