$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, designed to maintain a stable value. It's issued by Circle, a regulated financial technology company. Here are some key details about USDC ¹ ² ³:
- *Current Price*: $0.9997-$1.00, with a slight 0.01% increase in the last 24 hours
- *Market Cap*: $61.47 billion, ranking #6 in market capitalization
- *Circulating Supply*: 61.48 billion USDC tokens
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#Tradig Volume*: $5.76 billion in the last 24 hours
- *Blockchains*: USDC is natively supported on 21 blockchain networks, including Ethereum, Solana, and Avalanche
- *Backing*: USDC is fully backed by highly liquid cash and cash-equivalent assets, with reserves invested in the Circle Reserve Fund, an SEC-registered 2a-7 government money market fund
- *Auditor*: Deloitte & Touche LLP is Circle's independent auditor
- *Usage*: USDC enables fast, cheap, and global transactions, and is used for various purposes, including lending, trading, and payments
Some popular exchanges for buying and trading USDC include
- *Binance*
- *Coinbase*
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#KuCoin - *OKX*
USDC has gained significant traction, with over $26 trillion in all-time volume and 1000+ partners, including banks, blockchains, and distributors ¹.