$USDC USDC : A stable value and increasing adoption.

USDC, a stablecoin backed by the US dollar, shows remarkable stability with a value close to $1 and a market capitalization of $61 billion. This performance is supported by significant regulatory progress in the United States, notably the adoption of the GENIUS Act, which establishes clear rules for stablecoins.

*Key Points:

- Regulatory breakthrough: the GENIUS Act requires issuers to maintain a total reserve, conduct monthly audits, and comply with anti-money laundering requirements.

- Expansion of adoption:

- Launch of Coinbase Payments: 24/7 payment service for merchants.

- Integration with Solana: $250 million of USDC issued on the Solana blockchain.

- Collateral for futures contracts: USDC is accepted as collateral via Nodal Clear.

- Stock performance: Circle's stock surged after the adoption of the GENIUS Act, reaching $200.90, a rise of over 500% from its initial public offering price.