USD Coin (USDC) is seeing a noteworthy uptick in circulation today, driven by renewed interest in decentralized finance (DeFi) protocols that prioritize regulatory compliance and transparency. As the second-largest stablecoin by market capitalization, USDC is increasingly becoming the preferred collateral type for lending platforms and on-chain derivatives markets. The issuer, Circle, has been aggressive in expanding USDC's native presence across various Layer 2 networks, reducing bridging risks and enhancing capital efficiency for users. This strategic expansion is reflected in the growing volume of USDC transfers across networks like Arbitrum, Base, and Solana. The current market trend indicates a slight shift in trader preference toward USDC during periods of regulatory scrutiny, given its reputation as a 'safer', fully reserved digital dollar. While its total market cap still trails the market leader, the gap is slowly narrowing in terms of on-chain transaction volume. For investors, the stability of USDC remains paramount, and today's data confirms that the peg is holding perfectly. The integration of USDC into traditional fintech applications continues to bridge the gap between Web2 and Web3, ensuring steady demand flows.