$USDC

USDC, or USD Coin, is a stablecoin pegged to the US dollar, designed to maintain a stable value. It's issued by Circle, a regulated financial service business, and operates on multiple blockchain platforms, including Ethereum, Base, and Polygon.

*Key Features:*

- *Stable Value*: USDC is backed 100% by highly liquid cash and cash-equivalent assets, ensuring its value remains stable.

- *Regulated*: Circle is licensed as a Money Transmitter by the New York State Department of Financial Institutions and to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.

- *Transparent Reserves*: The reserves backing USDC are publicly available with monthly third-party assurances.

- *Global Reach*: USDC is available in 185 countries and can be used for various purposes, including payments, trading, and savings ¹ ².

*Usage:*

- *Payments*: USDC enables fast, low-cost global payments.

- *Trading*: USDC is widely used on cryptocurrency exchanges, providing a stable store of value.

- *Savings*: USDC can be held as a digital dollar, providing a secure and stable store of value ³.

*Market Data:*

- *Market Cap*: $60.61 billion

- *24h Trading Volume*: $11.94 billion

- *Circulating Supply*: 60.63 billion USDC

- *Current Price*: $0.9997, with a 0.01% increase in the last 24 hours ⁴.