#USDC
The recent passage of the GENIUS Act is set to open new avenues for growth for USDC, reinforcing its position as the world’s second-largest stablecoin. As of 2025, USDC holds a market worth of $61.7 billion, accounting for 1.78% of the entire stablecoin ecosystem, with a circulating supply surpassing 61.6 billion tokens. Experts suggest that this regulatory boost could fast-track market centralization, anticipating a rise in the collective share of dominant stablecoins such as USDC and USDT from 85% to 90%. This evolution is likely to intensify concentration across the crypto asset market, empowering leading issuers and heightening competition within the industry.