USD Coin ($USDC ), a stablecoin pegged 1:1 to the U.S. dollar, has recently been in the spotlight following Circle's successful IPO on the New York Stock Exchange. The stock surged 168% on its first day, reflecting strong investor confidence in regulated digital assets .

USDC's market cap has grown to over $61 billion, with a 24-hour trading volume exceeding $8.6 billion . Popular trading pairs include ETH/USDC, BTC/USDC, and SOL/USDC, with Ethereum leading at $910 million in daily volume .

Toobit recently introduced zero-fee trading for all USDC spot pairs, including BTC/USDC and ETH/USDC, enhancing accessibility for traders .

As Circle expands USDC's utility and navigates evolving regulations, the stablecoin continues to solidify its role in the digital economy.