$USDC

In recent hours, there have been notable movements regarding the USDC currency, as one of the major investors used over 37 million USDC to purchase 15,000 Ethereum, reflecting strong institutional confidence in the stability of the currency and its effectiveness as a financial intermediary. Concurrently, shares of Circle, the issuer of USDC, have risen by about 80% since the start of the subscription on June 5, enhancing its position as a key player in the digital financial system. The passage of the GENIUS Act has also contributed to bolstering expectations for a strict and transparent regulatory framework for stablecoins, which may support the position of USDC in the future. These developments indicate a surge in institutional interest and the growing pivotal role of USDC in driving liquidity and facilitating digital trading globally.