$USDC $USDC Ripple Labs offered between $4 billion and $5 billion to acquire Circle, the issuer of USDC, but the offer was rejected. The market capitalization of USDC has increased by 80% since 2023, reaching $44 billion. Circle expanded in Africa with Onafriq to pilot stablecoin payments in 40 countries. The adoption of stablecoins could accelerate global demand for U.S. Treasury bills. USDC continues to grow and its market capitalization is expected to double by 2025. The stablecoin maintains its stability and remains a popular option.