$USDC

USD Coin (USDC) is a stablecoin pegged to the US dollar, designed to maintain a stable value. It's issued by Circle and available on multiple blockchain platforms, including Ethereum, Solana, and Polygon.

*Key Features:*

- *Stable Value*: USDC is backed by US dollar-denominated assets held in reserve, ensuring a stable 1:1 exchange rate with the US dollar.

- *Blockchain Support*: USDC operates on 19 blockchain networks, including Ethereum, Solana, and Polygon.

- *Regulated*: Circle, the issuer of USDC, is licensed and regulated in multiple jurisdictions, including the US, EU, and Singapore.

- *Transparency*: Circle provides monthly attestations of USDC reserves, ensuring transparency and accountability ¹ ².

*Current Market Data:*

- *Price*: $1.00

- *Market Cap*: $61.51 billion - $62.03 billion

- *24h Trading Volume*: $9.51 billion

- *Circulating Supply*: 61.5 billion USDC

*Use Cases:*

- *Fast and Low-Cost Transactions*: USDC enables near-instant, low-cost global payments.

- *Stable Store of Value*: USDC provides a stable store of value, ideal for hedging against market volatility.

- *DeFi and Gaming*: USDC is used in decentralized finance (DeFi) and gaming applications, providing a stable and reliable form of currency ¹ ³ ⁴.