$USDC $USDC Today, May 16, 2025, USDC (USD Coin) continues to maintain a stable price around $1.00, true to 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 redemption with USD. Currently, USDC is widely used across many blockchains such as Ethereum, Solana, Polygon, and recently Sui, helping to enhance liquidity and interoperability among DeFi ecosystems. 

In the context of a volatile cryptocurrency market, USDC continues to be a safe choice for investors looking to preserve asset value. The stability and transparency of USDC play a crucial role in fostering trust and widespread acceptance of stablecoins in the digital financial ecosystem.