As of June 19, 2025, the price of USDC (USD Coin) remains highly stable, maintaining a range of $0.9998 to $1, with a 24-hour volatility close to 0%, in line with its design goal of being pegged to the US dollar at a 1:1 ratio. The following are key points of trend analysis:
Price Stability
Supported by compliant reserves (77% US Treasury + 23% cash) and strong regulatory backing, the market demand for USDC remains robust, with trading activity ranking among the top stablecoins. The recent implementation of the US 'GENIUS Act' and Hong Kong's 'Stablecoin Ordinance' further enhance its transparency and institutional trust, driving market share up to 25.5%, making it the preferred stablecoin in compliant markets.
Market Influencing Factors
The Federal Reserve has kept interest rates unchanged, and the US dollar index has fluctuated slightly, without significantly impacting the USDC peg mechanism. Although tensions in the Middle East have triggered risk aversion, funds have largely flowed into gold and the US dollar, with USDC still being used for liquidity management in the cryptocurrency market and cross-border settlements.
Technical Ecosystem and Innovation
The cross-chain protocol CCTP supports seamless circulation of USDC across 55 public chains, with the Solana network serving as its growth engine, while explorations of synergistic applications with the Digital Renminbi (such as the mBridge project) expand market scenarios in Asia.
Risk Warning: Attention should be paid to the short-term decoupling risk that may arise from extreme market events (such as exchange liquidity issues), although market mechanisms will quickly correct this. Overall, USDC's price stability is assured in the short term, supported by policy dividends, a compliant framework, and a technical ecosystem, while its long-term prospects depend on global regulatory coordination and changes in market demand.