$USDC USDC **The Future of USDC and Stablecoins – May 9, 2025**

Stablecoins like USDC have become the backbone of decentralized finance, with over $200B in daily settlement volume, surpassing Visa and SWIFT combined. The 2024 MiCA regulations transformed the sector, requiring 1:1 cash reserves with daily attestations, forcing weaker players like TUSD to exit. USDC now dominates with a 58% market share, as institutions prefer its transparency, while PayPal's PYUSD is gaining traction in e-commerce.