$USDC Today, May 16, 2025, USDC (USD Coin) continues to maintain a stable price around $1.00, in line with its role as a stablecoin pegged to the USD. The trading volume in the last 24 hours reached approximately $11.5 billion USD, with a market capitalization of about $60.6 billion USD.
USDC is issued by Circle and is fully backed by cash and cash-equivalent assets to ensure a 1:1 conversion with USD. Currently, USDC is widely used across multiple blockchains such as Ethereum, Solana, Polygon, and recently Sui, enhancing liquidity and interoperability between DeFi ecosystems.
In the context of a volatile cryptocurrency market, USDC continues to be a safe choice for investors looking to preserve the value of their assets. The stability and transparency of USDC play a crucial role in fostering trust and the widespread acceptance of stablecoins in the digital financial ecosystem.