$USDC USDC, or USD Coin, is a stablecoin cryptocurrency pegged to the US dollar. Here are some key details about USDC:

*Current Price and Market Cap*

- The current price of USDC is $1.00, with a 0.03% increase in the last 24 hours.

- The market capitalization of USDC is approximately $61.49 billion, ranking it #7 among cryptocurrencies.

*Key Features*

- *Stablecoin*: USDC is designed to maintain a stable value, equivalent to the US dollar.

- *Backed by Reserves*: Each USDC is backed by $1 in reserve, held in a mix of cash and short-term US Treasury bonds.

- *Regulated*: USDC is issued by Circle, a regulated financial institution.

*Usage and Availability*

- *Global Accessibility*: USDC is available in 185 countries and can be sent across the globe in seconds.

- *Multiple Blockchains*: USDC operates on several blockchain platforms, including Ethereum, Base, and Polygon.

- *Partnerships*: Visa has supported USDC for selling transactions within its payment network.

*Exchanges and Trading*

- *Top Exchanges*: USDC is available on major exchanges like Binance, Coinbase, and OKX.

- *Trading Pairs*: USDC can be traded against various currencies, including USD, EUR, GBP, and more.