$USDC
USDC, or USD Coin, is a stablecoin pegged to the US dollar, maintaining a stable value through reserves held in cash and short-term US Treasuries. Here are some key details about USDC.
- *Current Price*: $0.999765 USD, with a slight 0.01% decrease in the last 24 hours
- *Market Capitalization*: $60.61 billion, ranking #7 on CoinMarketCap
- *24-hour Trading Volume*: $11.94 billion
- *Circulating Supply*: 60.63 billion USDC coins
USDC is widely used for
- *Stable Store of Value*: Providing a safe haven during market volatility
- *Efficient Transactions*: Enabling fast and cheap global transactions
- *Decentralized Finance (DeFi)*: Used in lending, borrowing, and earning rewards on platforms like AAVE
You can buy USDC on various cryptocurrency exchanges, including
- *Binance*: Largest global crypto exchange offering USDC trading
- *Coinbase*: Centralized exchange for buying, selling, and trading USDC
- *Kraken*: Offers USDC trading with up to 5.5% annual percentage yield (APY) rewards
USDC is available on multiple blockchains, including Ethereum, Algorand, Solana, and Tron.