USD Coin (USDC) is a stablecoin pegged to the US dollar at a 1:1 ratio, meaning each unit of USDC is backed by one US dollar.

As of March 13, 2025, the price of USDC was approximately $1.00015, with a market capitalization of about $58.15 billion.

USDC is primarily used to facilitate trading on digital currency platforms, reduce price volatility, and provide a means to transfer value quickly and efficiently.

Please note that cryptocurrency prices may change over time. For the latest information, it is advisable to check reliable sources before making any financial transactions.