$USDC Here are the latest news and updates about USDC:

Circle's IPO: Circle, the issuer of USDC, has filed for an initial public offering (IPO) on the New York Stock Exchange under the ticker "CRCL". The company has increased its IPO target to $896 million amid rising investor interest and growing stablecoin adoption.

USDC Adoption: USDC has seen significant growth, with its market capitalization surpassing $61 billion and a 24-hour trading volume of over $6 billion. The stablecoin has also been adopted by major exchanges, including Coinbase, which has integrated USDC into its payments service.

Regulatory Developments: The US Senate has passed the GENIUS Act, a bill that aims to establish a regulatory framework for stablecoins. This development has boosted Circle's stock price, which has surged over 500% since its debut on June 5.

Partnerships and Integrations: USDC has been integrated into various platforms, including Sony Electronics Singapore's partnership with Crypto.com, and Coinbase's partnership with Shopify for stablecoin payments.

Market Performance: USDC has maintained its peg to the US dollar, with a current price of $0.9998. The stablecoin's market capitalization ranks #7 among cryptocurrencies, with a circulating supply of over 61 billion tokens.

Expansion Plans: Circle plans to expand its operations in Japan, with USDC becoming available on major exchanges. The company has also secured in-principle approval from Abu Dhabi's financial regulator, marking a key step in its global expansion.