$USDC USD Coin (USDC) is a stablecoin cryptocurrency pegged to the US dollar, issued by Circle. It's designed to maintain a stable value, making it suitable for everyday transactions, decentralized finance (DeFi), and global payments. Here are some key facts about USDC ¹ ² ³:

- *Current Price*: $1.00, with a 0.01% change in the last 24 hours

- *Market Capitalization*: $61.96 billion, ranking among the top stablecoins

- *Circulating Supply*: 61.5 billion USDC

- *Backing*: Fully reserved with highly liquid cash and cash-equivalent assets, such as short-dated US Treasuries and overnight US Treasury repurchase agreements

- *Availability*: USDC operates on 19 blockchain networks, including Ethereum, Solana, and Polygon, with more expected in the future

- *Usage*: Enables near-instant, low-cost global payments, and is widely used in DeFi, gaming, and other applications

- *Regulation*: Circle, the issuer of USDC, is licensed in multiple jurisdictions, including the US, EU, UK, Singapore, and Bermuda, and complies with regulatory requirements such as MiCA in the EU

- *Auditing*: Circle's financials are audited by Deloitte & Touche LLP, and the reserves backing USDC are regularly attested by independent third-party auditors.

USDC has experienced significant growth, with over $26 trillion in all-time volume and 1000+ global partners. Its stability and wide adoption make it a popular choice for businesses and individuals looking for a reliable digital currency ³ ⁴.