$USDC in line with the Growth of Stablecoin Adoption Amid Market Volatility

May 16, 2025 – FinTech Today

The hashtag #USDC is trending among crypto and finance as USD Coin, the second largest stablecoin by market capitalization, sees a surge in usage amid ongoing market volatility.

As Bitcoin and Ethereum experience sharp price fluctuations, traders and institutions are flocking to USDC as a safe place to preserve value. On-chain data shows a significant increase in USDC transfers and wallet ownership, with many users leveraging the coin for cross-border transactions, DeFi participation, and stable yield farming opportunities.