#OFTHEDAY Use Cases: USDC is widely used in:

* Decentralized Finance (DeFi): For trading, lending, borrowing, and providing liquidity on decentralized exchanges and other DeFi protocols.

* Payments: For fast and low-cost domestic and international payments.

* Trading: As a stable base currency for trading other cryptocurrencies.

* Storing Value: As a way to hold the value of dollar-denominated assets within the crypto ecosystem.

Recent News:

* Circle Files for IPO: As of today, April 2, 2025, Circle has formally filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), aiming to list on the New York Stock Exchange under the ticker symbol "CRCL." This move signifies Circle's ambition to increase transparency and expand its public presence.

* Growth and Market Share: USDC is the second-largest stablecoin by market capitalization, although it trails behind Tether (USDT). However, USDC has seen significant growth in adoption and market value.