$USDC USDC remains a key player in the stablecoin market, maintaining its peg to the US dollar at approximately $1.00. With a market capitalization of around $60.1 billion and a daily trading volume between $6.7 billion and $9 billion, it continues to be a dominant force in crypto transactions.
Circle, the issuer of USDC, has formally filed for an IPO on the NYSE under the ticker "CRCL." Their 2024 financials revealed $1.68 billion in revenue but a reduced net income of $156.9 million. Additionally, Circle acquired Coinbase’s stake in the Centre Consortium for $210 million, securing full control over USDC issuance.
