$USDC USDC, the dollar-pegged stablecoin issued by Circle, is experiencing significant developments. Most notably, Circle recently completed its IPO on the NYSE under the ticker CRCL, marking a major milestone for the stablecoin industry. The IPO was highly successful, with the stock price soaring significantly on its debut.

USDC maintains its position as the second-largest stablecoin by market capitalization (around $61.5 billion as of June 2025), behind Tether's USDT. Circle emphasizes USDC's transparency, being fully backed by cash and short-term U.S. Treasuries, with monthly audits.

Adoption is growing, with USDC integrated into over 40 blockchain networks and seeing significant usage in DeFi. Circle is also expanding globally, having secured regulatory approval for USDC in Japan and complying with MiCA regulations in Europe.