🚨 Latest $USDC Update (June 2025):

USDC remains strong at ~$1 with a $61B market cap.

✅ Regulatory Breakthrough

The U.S. Senate just passed the GENIUS Act, setting clear rules for stablecoins (full reserve backing, monthly audits, AML compliance). The bill moves to the House—expected to pass this summer.

✅ Circle’s Big Month

Circle (USDC issuer) IPO’d on NYSE in June. Stock surged post-GENIUS news, signaling investor confidence.

✅ Adoption Expanding

Coinbase launched Coinbase Payments—24/7 USDC transactions for merchants (Shopify, etc.).

Circle minted $250M USDC on Solana, boosting multichain liquidity.

USDC now accepted as collateral for U.S. futures via Nodal Clear.