$USDC $USDC Here’s the latest update on **USDC (USD Coin)** and **USDT (Tether)** as of **June 2024**, along with key trends and regulatory developments:

**1. USDC (USD Coin) – Circle’s Latest Moves**

- **IPO Plans:** Circle, the issuer of USDC, has confidentially filed for a **U.S. IPO** (after a failed SPAC merger in 2022). This could boost transparency and trust in the stablecoin.

- **Expanding Reach:**

- Launched **USDC on Solana** as an official "recommended" stablecoin.

- Partnered with **Mercado Libre** (Latin America’s largest e-commerce platform) for cross-border payments.

- **Regulatory Wins:**

- Received **MiCA compliance approval** in the EU (ahead of USDT).

- Licensed as a **digital asset service provider in France**.

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** Key Trends to Watch**

- **DeFi & Payments:** Both USDC and USDT are expanding into **tokenized RWAs** (real-world assets) and **cross-border remittances**.

- **U.S. Stablecoin Bill:** Expected in 2024, which could formalize rules for issuers like Circle and Tether.

- **CBDC Competition:** The **Digital Dollar Project** (U.S.) and **EU’s digital euro** may challenge private stablecoins long-term.