$USDC

*Current Price and Market Data*

- USDC's current price is $1.00, with a 0.01% increase in the last 24 hours

- Market capitalization stands at $61.65 billion

*Recent Developments*

- *Ripple Integration*: Circle's USDC stablecoin has launched on the XRP Ledger (XRPL), enabling users to utilize USDC for DeFi liquidity provisioning, payments, and settlement options

- *NYSE Debut*: Circle, the issuer of USDC, has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker "CRCL" and has since seen its stock climb to a $27 billion market valuation

- *Partnerships*: Sony Electronics will accept USDC payments in Singapore, while SBI VC Trade plans to launch USDC services in Japan

- *Adoption*: Avalanche Foundation has launched a crypto-powered Visa card for global payments, and Singapore's Metro Department Store will accept USDT, USDC, and other stablecoins for payments

*Market Impact*

- The stablecoin market has seen significant growth, with USDC's circulation increasing by 78% year-over-year

- USDC dominates Solana's stablecoin ecosystem with a 78% market share, overshadowing Tether (USDT) and other rivals