$USDC

*Current Price and Market Data*

- The current price of USDC is $0.9998, with a 0.00% increase in the last 24 hours

- Market capitalization stands at $61.46 billion

- 24-hour trading volume is $5.6 billion

*Recent Developments*

- *Coinbase Integration*: Coinbase has introduced a crypto checkout system allowing merchants to accept USDC instantly, providing faster and cheaper transactions

- *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"

- *Sony Electronics Partnership*: Sony Electronics will accept USDC payments in Singapore, facilitated by Crypto.com

- *SBI VC Trade Launch*: SBI VC Trade plans to launch USDC services in Japan, expanding the stablecoin's adoption

- *Avalanche Foundation*: Avalanche Foundation has launched a crypto-powered Visa card for global payments, allowing seamless transactions with AVAX and stablecoins

*Market Trends*

- USDC dominates Solana's stablecoin ecosystem with a 78% market share, overshadowing Tether (USDT) and other rivals

- The stablecoin market has seen significant growth, with USDC's circulation increasing by 78% year-over-year

*Trading Updates*

- Binance has introduced USDC pairs and algo trading services for FLUX, MASK, and SUSHI coins, expanding trading options for users