$BTC USD Coin (USDC) is a stablecoin cryptocurrency developed by Circle that's pegged to the US dollar, ensuring a stable value. Here's what you need to know:

*Key Features*

- *Stable Value*: USDC maintains a 1:1 ratio with the US dollar, making it a reliable store of value.

- *Blockchain Support*: USDC operates on multiple blockchain platforms, including Ethereum, Base, Polygon, and more.

- *Regulated*: Circle, the issuer of USDC, is licensed and regulated by various financial authorities worldwide.

*Usage and Benefits*

- *Global Payments*: USDC enables near-instant, low-cost global payments, making it ideal for businesses and individuals.

- *Liquidity*: With over $62 billion in circulation, USDC provides significant liquidity for various financial transactions.

- *Transparency*: Circle regularly publishes attestations of USDC reserves, ensuring transparency and trust in the stablecoin ¹ ².

*Market Performance*

- *Market Capitalization*: USDC's market cap stands at around $61.54 billion.

- *Current Price*: USDC is trading at $1.00, maintaining its peg to the US dollar.

- *All-Time Volume*: USDC has processed over $26 trillion in transactions since its inception ³ ¹.

*Partnerships and Adoption*

- *Visa Partnership*: Visa has integrated USDC into its payment network, enabling merchants to accept USDC payments.

- *Circle's Ecosystem*: Circle has partnered with over 1,000 banks, blockchains, and distributors to expand USDC's reach ² ¹.