#EthereumSecurityInitiative USDC Recent News

USD Coin (USDC), as the second largest stablecoin, has shown strong performance in the global market recently, with a market capitalization exceeding $62 billion, reaching an all-time high, and growing nearly 38.6% since the beginning of the year. According to Cointelegraph, the trading volume of USDC on Ethereum reached $908 billion, demonstrating its wide application in DeFi and everyday payments. Circle announced on May 14 the launch of native USDC on the Sonic blockchain, combining the Cross-Chain Transfer Protocol (CCTP V2) for seamless cross-chain transfers, enhancing the liquidity of stablecoins in decentralized finance.

Additionally, Opera launched a stablecoin application targeting the African market on May 15, supporting stablecoins like USDC, with 7 million users, particularly showing significant growth in Nigeria and Kenya, with transaction fees as low as $0.01, promoting the adoption of digita