$USDC USDC, or USD Coin, is a stablecoin cryptocurrency pegged to the US dollar. Here are some key details ¹ ²:
- *Current Price*: $1.00 with a 0.02% increase over the last 24 hours
- *Market Capitalization*: $61.51 billion
- *Circulating Supply*: 61.5 billion USDC
- *24-hour Volume*: $10.55 billion
- *All-time High*: $2.35 (November 16, 2021)
- *All-time Low*: $0.8774 (March 11, 2023)
USDC is issued by Circle and operates on multiple blockchain platforms, including Ethereum, Base, and Polygon. It's designed for fast, low-cost transactions and is used for various purposes, such as ² ³:
- *Stable Store of Value*: Maintaining price equivalence to the US dollar
- *Global Payments*: Enabling near-instant, low-cost transactions
- *Decentralized Finance (DeFi)*: Providing liquidity and stability in DeFi applications
USDC has partnerships with major companies like Visa and Coinbase, and its reserves are regularly attested by independent auditors ².