$USDC USD Coin (USDC) is a widely used stablecoin pegged 1:1 to the U.S. dollar, designed to maintain price stability in the volatile cryptocurrency market. As of May 16, 2025, USDC is trading at approximately $0.9999, reflecting its close adherence to the dollar peg.

Key Metrics

Market Cap: ~$60.66 billion

24-Hour Trading Volume: ~$11.57 billion

Circulating Supply: ~60.67 billion USDC

Ranking: #7 among all cryptocurrencies by market capitalization

@Recent Developments

Circulation Growth: In 2024, USDC's circulation increased by 78% year-over-year, reaching an all-time high of $56 billion. This growth reflects expanding adoption and trust in the stablecoin.