$USDC

USDC, a popular stablecoin, has seen significant developments recently. Circle, the issuer of USDC, has cumulatively issued over 230 million USDC and destroyed approximately 130 million USDC. The stablecoin's market capitalization exceeds $61.6 billion, with a stable price of $1.00. USDC has been issued on various blockchains, including Algorand and Ethereum, with nearly $70 million destroyed on Solana and minted on Ethereum for cross-chain migration. Circle's growth has outpaced Tether, doubling its valuation. With its increasing adoption and regulatory compliance, USDC is poised for further growth in the stablecoin market.¹ ²