$USDC As of June 19, 2025, USDC maintains its \$1 peg, backed 1:1 by U.S. dollar reserves. Circle’s real-time transparency dashboard and compliance with U.S. stablecoin regulations under the 2024 FIT Act have reinforced trust. Despite increasing competition from PayPal USD and big tech stablecoins, USDC remains dominant in DeFi, with over \$32 billion in circulation and strong adoption across Ethereum, Solana, and Base. Circle's push for global expansion continues, with Asia and LatAm integrations growing. While overall stablecoin supply is flat amid uncertain market sentiment, USDC's regulated status and consistent utility make it a preferred choice for institutional traders.
