$USDC USD Coin (USDC) is a stablecoin pegged to the US dollar, issued by Circle, with a market capitalization of around $61 billion, making it the second largest stablecoin after USDT. Recently, USDC has experienced significant growth, driven by integration with platforms such as Shopify, XRP Ledger, and World Chain, as well as partnerships with Coinbase and Stripe. Circle's move to go public on the NYSE and focus on regulatory compliance strengthens its position as a transparent alternative compared to Tether. However, legal uncertainties regarding reserves if Circle goes bankrupt remain a concern. Overall, USDC shows great potential for mainstream adoption, especially in payments and DeFi, but competition with USDT and market dynamics remain challenges.