#DEXE
USDC remains firmly pegged at $1, sustaining a market cap near $61 billion and daily volumes around $6 billion. Institutional confidence is surging: Circle’s recent IPO saw its stock double, while the U.S. Senate just approved the GENIUS stablecoin bill—boosting trust in reserve-backed digital dollars. Wall Street and major banks are now openly investing in USDC infrastructure, viewing it as key for global payments and financial interoperability. On-chain data shows steady USDC issuance following earlier redemptions, reflecting healthy demand and resilience. With upcoming approval to use USDC as margin in U.S. futures, this stablecoin is increasingly earning its role as digital cash in regulated markets. Overall, USDC is cementing its position as a backbone of the global crypto economy.
