$USDC

As of today, April 2, 2025, USDC remains pegged closely to the US dollar, trading at approximately $1.00. Its market capitalization is around $60.1 billion, making it the second-largest stablecoin. The 24-hour trading volume for USDC is significant, at roughly $6.7 billion to $9 billion across various exchanges.

Recent news highlights Circle's formal filing for an IPO, aiming to list on the NYSE under the ticker "CRCL." The IPO prospectus revealed a $1.68 billion revenue and reserve income for 2024, but a decrease in net income to $156.9 million. Circle also disclosed the $210 million acquisition of Coinbase's stake in the Centre Consortium, making Circle the sole issuer of USDC.

Overall, USDC maintains its stability and significant market presence while its issuer, Circle, progresses towards a public listing.