$USDC

📈 Market Activity

USDC continues to be a cornerstone in the cryptocurrency ecosystem, widely used across decentralized finance (DeFi) platforms, exchanges, and payment systems. Its stability and regulatory compliance make it a preferred choice for traders and institutions alike.

🏛️ Circle Goes Public with $1.1B IPO

Circle Internet Group, the issuer of USDC, has successfully launched its initial public offering (IPO), raising approximately $1.1 billion by selling 34 million shares at $31 each, surpassing the initially projected range of $27–$28 per share. The stock is now trading on the New York Stock Exchange under the ticker symbol CRCL. This IPO values Circle at around $6.9 billion, with a fully diluted valuation nearing $8 billion .

USDC remains the second-largest stablecoin, with a market capitalization of approximately $61.5 billion, trailing only Tether's USDT .