$USDC
The current price of USD Coin (USDC) is $1.00, with no change in value over the last 24 hours. USDC is a stablecoin, meaning its value is pegged to the US dollar, and it's backed by highly liquid cash and cash-equivalent assets.
Here are some key stats about USDC:
- *Market Capitalization*: approximately $61.05 billion
- *Circulation*: widely available on various blockchain networks, including Ethereum, Solana, and Polygon
- *Backed by*: fully reserved assets, with a portfolio managed by BlackRock and custodied at The Bank of New York Mellon
- *Redeemable*: 1:1 for US dollars, providing a stable store of value
USDC is issued by Circle, a regulated financial service business, and is available on top exchanges like Binance.
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