$USDC
USD Coin (USDC) Daily Brief – June 18, 2025
USDC remains firmly pegged at 1.00, trading within a tight range (0.9999–1.0006) on strong liquidity and robust circulating supply (~61.7 billion) . On-chain activity continues solid, with a 15% uptick in weekly transactions—average size around $5,000 . Technicals remain neutral‑bullish: weekly charts show a bullish engulfing, though volatility remains minimal .
Key news: U.S. Senate passed the GENIUS Act, mandating liquid reserves and monthly disclosures—Circle’s stock jumped ~16% . This regulatory step boosts legitimacy and institutional trust in USDC.
Summary: USDC is stable and ready. Regulatory clarity from GENIUS Act supports confidence in safe‑haven payment rails.