$USDC
USDC is indeed ultra-stable, with its price firmly pegged to $1 today and showing minimal fluctuations in the past 24 hours. According to Coinbase, USDC's price is $1.00, with a 0.00% change over the past day, week, month, and year. This stability is due to its fiat-collateralized nature, backed by Circle's dollar reserves, which provide strong support and high transparency.
*Key Statistics:*
- *Market Cap*: $61.038 billion
- *Circulating Supply*: 61.035 billion USDC
- *24-Hour Trading Volume*: $9.793 billion
- *Price Change*: 0.00% over the past day, week, month, and year
*Technical Analysis:*
- *Bollinger Bands*: Narrowing, indicating low volatility
- *Market Sentiment*: High confidence in the stablecoin, with abundant liquidity and stable prices
*USDC's Features:*
- *Backing*: Fully backed by US dollars and US dollar equivalents
- *Usage*: Used for sending, storing, and receiving money between individuals and businesses
- *Blockchain*: Operates on multiple blockchain platforms, including Ethereum, Solana, and Avalanche
Overall, USDC's stability and transparency make it a popular choice for those seeking a reliable digital currency.