$USDC

USD Coin (USDC) is a stablecoin that's fully backed by the US dollar, with a current price of $1.00 ¹. It's designed to maintain a stable value relative to the USD, and you can redeem it 1:1 for US dollars ².

USDC is issued by Circle, a regulated financial service business, and is available on multiple blockchain networks, including Ethereum, Solana, and Avalanche ². It's widely used for global payments, trading, and financial applications.

Here are some key stats about USDC:

- *Market Cap*: $61.05 billion ¹

- *Circulating Supply*: $60.82 billion ³

- *24-hour Trading Volume*: $19.62 billion ³

- *Availability*: 185 countries and counting ⁴

USDC is considered a "Covered Stablecoin" by the US Securities and Exchange Commission, meaning it's designed to maintain a stable value relative to the USD, is redeemable 1:1 for USD, and is backed by low-risk, readily liquid assets ².