$USDC
1. USDC is holding $1.0009 with a $76.5B market cap. Still the #2 stablecoin in 2026.
2. Big shift happening: USDC is leaving exchanges at the fastest pace in a month. Exchange reserves down to $13.47B. 32d1
3. Coinbase now holds a record $19B of USDC across its products. Institutional custody is scaling. 32d1
4. Why? B2B payments and payroll are moving on-chain. USDC is the go-to for real business settlement. 8bf2
5. Circle’s StableFX launched QCAD/USDC on Arc testnet. First on-chain CAD/USD FX settlement is live. 51b5
6. GENIUS Act is a tailwind. USDC is “the largest regulated stablecoin globally” with full Treasury backing and daily audits. 8741
7. Bernstein sees USDC supply tripling by end of 2027 to $220B if adoption holds. 8741
8. JPMorgan says stablecoins still dominate tokenized funds because USDC is permissionless and moves instantly. 8bfa
9. Risk: Proposed rules banning yield rewards could slow circulation short-term. 2eda
10. Bottom line: USDC isn’t for pumps. It’s becoming the dollar rail for AI, payments, and FX.
*Caption:* USDC supply leaving exchanges, Coinbase holding $19B, StableFX live. The regulated dollar is going on-chain.
