$USDC
### 💵 **USDC Overview**
* **Price:** \$1.00 USD
* **Market Cap:** Approximately \$60.82 billion
* **24-Hour Trading Volume:** Around \$19.16 billion
* **Circulating Supply:** Approximately 60.82 billion USDC ([kraken.com][1], [CoinMarketCap][2], [Coinbase][3])
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### 🔍 **Recent Highlights**
* **Record Trading Volume:** In April, USDC achieved a record trading volume of \$219 billion, bolstered by a strategic partnership with Binance. ([CryptoSlate][4])
* **Market Cap Growth:** USDC's market capitalization has reached a new all-time high, surpassing \$60 billion, indicating growing global adoption. ([CoinMarketCap][5])
* **Institutional Interest:** A significant Ethereum whale recently added \$8.88 million in USDC to a long position on ETH, signaling strong bullish sentiment. ([Blockchain News][6])
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### 🔗 **Adoption & Utility**
USDC continues to solidify its position as a leading stablecoin, offering stability and liquidity for traders and institutions alike. Its integration across various platforms and blockchains enhances its utility in decentralized finance (DeFi) applications, providing a reliable medium for lending, borrowing, and trading. Additionally, USDC's role in facilitating cross-border payments is expanding, offering faster and more affordable transactions for businesses worldwide.
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