↑ USDC Stablecoin: A Whirlwind of Developments and Challenges Ahead
USDC Coin , an established stablecoin with substantial potential, is experiencing a wave of developments that may greatly influence its path....
In recent news, USDC Coin has demonstrated significant growth and broad adoption in various territories and fields. The value of stablecoin transactions reached a record of $33 trillion, with USDC Coin as the leader. Despite international sanctions, the ruble stablecoin A7A5 exceeded USDT and USDC last year. The integration of USDC, EURC between Kraken and Circle has paved the way for further stablecoin access.
USDC has beaten USDT in DeFi usage activity and is now considered by many businesses as the preferred stablecoin. This growth was achieved with the help of Solana and Trump. Trip.com is testing stablecoin by offering USDT and USDC for prepaid bookings. Despite the larger size of USDT, USDC now dominates the $33 trillion stablecoin market.
The integration of USDC as a stabledenomination for retail payments in Japan and Korea is a noteworthy development. Stablecoin volumes have seen a huge surge, and it is forecasted that by 2030, stablecoin payments could reach $56.6 trillion. According to Circle's chief strategy officer Dante Disparte, not all financial institutions are using USDC, raising some concerns.
Despite a 59% plunge in 6 months, analysts hold a bullish view for Circle, predicting that the USDC stablecoin will 'supplant fiat' in the $20 trillion cross-border payment market. The integration of USDC in various platforms and the launch of USDC settlement by Visa are significant milestones. Nonetheless, some elements of skepticism persist about the future trajectory and adoption of USDC.
USDC Coin News Analytics from Tue, 20 May 2025 07:00:00 GMT to Sat, 10 Jan 2026 17:54:35 GMT - Rating 6 - Innovation 5 - Information 8 - Rumor -4
