$USDC The stablecoin market is still mainly dominated by dollar-pegged tokens, with USDT and USDC from Circle holding 87% market share. The U.S. Department of the Treasury's Q1 2025 report projects that the market capitalization of dollar-pegged stablecoins could reach $2 trillion by 2028. However, European Union officials have expressed concerns about the risks associated with over-reliance on dollar-pegged stablecoins. The Italian Bank has warned that disruptions in the stablecoin market or the underlying bonds could have significant repercussions for other sectors of the global financial system. These developments highlight the increasing influence and potential risks associated with stablecoins in the global financial context.$USDC