Market Value: Ranges between $61.42 billion and $62.03 billion.

Trading Volume in the Last 24 Hours: Ranges between $3.26 billion and $10.75 billion.

Latest News and Developments:

* Notable Growth in 2024: USDC witnessed significant growth in market value during 2024, outperforming its main competitor Tether (USDT) in this regard.

* Focus on Regulatory Compliance: Circle's approach, the issuer of USDC, in adopting European regulations is seen as giving it an advantage over competitors.

* Expansion in Networks: USDC is now available on 19 blockchain networks, and efforts are underway to facilitate its transfer across 11 networks via the CCTP protocol.

* Partnerships and Integrations: Circle continues to forge partnerships with financial institutions and fintech applications to expand the use of USDC. For example, it has partnered with Nubank in Brazil to enhance the use of USDC.

* U.S. Treasury Report: A new report from the U.S. Treasury highlighted the growth of the stablecoin market and its potential impact on the banking system, mentioning USDC as a "catalyst" for transformation in the U.S. financial system.

* Possibility of Tether Launching a U.S. Dollar Stablecoin: Tether plans to launch a stablecoin specifically designed for use by U.S. institutions, but this depends on the completion of stablecoin legislation.

* Rumors of an Acquisition Offer from Ripple for Circle: Rumors have circulated about Ripple making an acquisition offer.