Circle Internet Financial highlights the expanding USD Coin (USDC) ecosystem, which has grown significantly since its launch in 2018, reaching a market cap of over $300 million and becoming the second largest stablecoin by market cap. Recently, three new companies—Securitize, DizPay, and Nitrogen—have joined the nearly 100 exchanges, protocols, and platforms that form the USDC ecosystem, showcasing the increasing interest in this stablecoin. USDC, introduced by the CENTRE Consortium co-founded by Circle and Coinbase, aims to establish a standard for fiat currency on the internet and foster global adoption of asset-backed stablecoins. It is widely listed on crypto exchanges worldwide and serves as a quote currency for actively traded assets. Circle continues to innovate by offering resources for tokenizing or redeeming USDC and providing transparency through monthly reports on US dollar reserves backed by independent auditor Grant Thornton LLP.