$USDC USD Coin (USDC) is a stablecoin pegged to the US dollar, maintaining a 1:1 ratio. Its current price is $0.9997, with a market capitalization of $60.61 billion. USDC operates on multiple blockchain platforms, including Ethereum, Base and Polygon, and is issued by Circle, a regulated financial service business.
*Key Features:*
- *Stablecoin*: USDC's value is backed by US dollar-denominated assets held in reserve.
- *Global Accessibility*: Available in 185 countries, enabling fast and low-cost transactions.
- *Regulatory Compliance*: Circle adheres to strict US laws and standards to protect users' funds.
- *Transparency*: Monthly attestations by Grant Thornton, LLP provide assurance on reserve holdings.
*Usage:*
- *Transactions*: Fast and secure payments online and in-person.
- *Trading*: Protect against volatility and make trades on top exchanges.
- *Savings*: Hold digital dollars in various countries.
- *Transfers*: Send money worldwide almost instantly.
*Platforms:*
- *Binance*: Trading, saving, sending, and spending USDC.
- *Coinbase*: Buying, selling, and trading USDC.