$USDC $USDC As of May 8, 2025, USDC, Circle’s USD-pegged stablecoin, remains a cornerstone of the crypto ecosystem, with a market cap of around $74 billion and a 24-hour trading volume of $16.7 billion. It’s trading at $1.00, maintaining its 1:1 peg with the U.S. dollar, backed by cash and short-term U.S. Treasuries. Recent data shows USDC’s circulating supply at 74.2 billion, with 2.3 million unique addresses and 1.2 million daily transactions, primarily on Ethereum, though it’s also supported on Base, Polygon, and other chains.