$USDC
the second largest stablecoin by market capitalization continues to strengthen its position in the crypto ecosystem. Recently, Circle, its issuer, debuted on the New York Stock Exchange, highlighting the growing maturity and institutional interest in stablecoins.
A key development is the upcoming opportunity to use USDC as collateral for futures trading in the United States, the result of an agreement between Coinbase Derivatives and Nodal Clear. This not only legitimizes USDC in regulated markets but also enhances transaction efficiency. Additionally, USDC continues its multi-network expansion by launching on the XRP Ledger, broadening its reach and liquidity. Despite market challenges, USDC maintains its peg to the dollar, reinforcing its promise of stability and transparency with verified reserves.