the second-largest stablecoin, $USDC is making waves in the cryptocurrency market. Here are the latest updates:

Genius Act ( USDC)

The #genius Act, signed into law in July 2025, has brought clarity to the regulatory environment for stablecoins like USDC. The Federal Reserve, FDIC, and OCC are working to implement a cohesive regulatory regime, requiring stablecoin issuers to maintain 1:1 reserve backing with liquid assets ¹ ².

Performance

#USDC 's market cap exceeds $60 billion, with a 20% market share. Its growth is driven by institutional adoption and regulatory compliance. The stablecoin has seen increased usage in Europe, particularly after gaining MiCA compliance

Others

  1. USDC has partnered with #Binance , accounting for 57% of global volume. This collaboration has boosted USDC's liquidity and institutional adoption. Major banks, such as #JPMorgan and CBNK, are integrating USDC into their ecosystems .

  2. USDC faces competition from yield-bearing stablecoins and Tether's USDT. However, its regulatory compliance, transparency, and institutional trust position it for growth in the digital asset ecosystem .

    #WriteToEarnUpgrade

    $XRP

    XRP
    XRP
    2.0868
    -3.79%

    $BNB

    BNB
    BNB
    901.3
    -0.94%