$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, allowing for near-instant, low-cost global payments. It's a digital currency backed 100% by highly liquid cash and cash-equivalent assets, redeemable 1:1 for US dollars.

*Key Features:*

- *Stable Value*: USDC maintains a stable value relative to the US dollar.

- *Regulated*: Issued by Circle, a company with licenses in 46 states, the District of Columbia, and Puerto Rico, as well as international regulatory approvals.

- *Global Reach*: USDC is natively supported on 19 blockchain networks, including Ethereum, Solana, and Polygon.

- *Transparency*: Circle provides monthly third-party assurances on the reserves backing USDC.¹ ²

*Use Cases:*

- *Fast Payments*: USDC enables 24/7 liquidity for near-instant global payments.

- *DeFi*: USDC is widely used in decentralized finance applications.

- *Business Payments*: USDC can be used for business-to-business payments, reducing transaction costs.

*Market Performance:*

- *Market Cap*: $61.51 billion

- *Circulating Supply*: 61.5 billion USDC

- *Price*: $1.00 (with a 0.01% daily change)

USDC is a popular choice for those seeking a stable digital currency for transactions, investments, or other financial activities.³