$USDC a stablecoin linked to the US dollar, shows stability on May 4, 2025, with a price of $0.999953 and a market capitalization of $61.4 billion, as reported in recent posts on X. Its 24-hour price change is a modest 0.30%, reflecting steady demand. Circle's Redemption Protocol increases confidence, potentially boosting adoption in DeFi and real-world payments. However, some users on X express their skepticism, citing over-regulation and a lack of true financial freedom, as it closely aligns with traditional financial systems. Despite this, regulatory approvals, such as in Abu Dhabi, enhance its global legitimacy, although concerns remain regarding hacks and oversight.
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