$USDC Here’s the latest on USDC:

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📌 Price Snapshot

USDC remains pegged at $1 (or $0.0365 per token bridged on Fantom) with negligible volatility—true to its design as a stablecoin.

🔍 Market & Growth

Circulating supply has surged to nearly $61 billion as of mid‑April 2025—up from $44 billion at the start of the year, a ~39% increase .

In 2024, USDC issuance rose 78% year-over-year, underscoring strong adoption .

It’s now the #2 stablecoin globally, trailing only Tether (USDT, ~$155 billion) but gaining market share .

🏛️ Regulatory & Industry Developments

The GENIUS Act, approved by the U.S. Senate on June 17, 2025, would formalize stablecoin oversight—mandating liquid-reserve backing, monthly disclosures, and clearer issuer licensing .

This bill is expected to accelerate stablecoin adoption by major banks and corporates and potentially help sales of U.S.-based stablecoins like USDC and USDT .

Circle, USDC’s issuer, recently debuted on the NYSE (ticker: CRCL), with its IPO surging massively—valuing the firm around $18 billion .