*Recent Developments:*

- *Circle's IPO*: Circle, the issuer of USDC, has filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) under the ticker "CRCL", aiming to raise up to $624 million.

- *Expansion on XRP Ledger*: Circle has expanded USDC to the XRP Ledger, enabling faster and more secure transactions.

- *Partnership with Coinbase*: Coinbase Derivatives will adopt USDC as collateral for US futures trading, enhancing the stablecoin's utility.

- *Market Growth*: USDC's market capitalization has surpassed $61 billion, with its price holding steady at $1.00. $USDC