As of June 2025, the USA has passed the GENIUS Act, which establishes new rules for stablecoins — transparency of reserves, reporting, and oversight by regulators. This creates a favorable environment for USDC. Circle, the company that issues USDC, successfully conducted an IPO on the NYSE, raising $1.1 billion, which confirms investor trust and the expanding influence of stablecoins. USDC is also integrated into the XRP Ledger, which will speed up transactions and support DeFi. The current market capitalization is around $60 billion. These events strengthen USDC's position as a reliable digital dollar.
