$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar on a 1:1 basis. Its price is typically stable around $1.00, with current prices ranging from $0.9995 to $1.00. The market capitalization is around $60-62 billion USD, with a circulating supply of approximately 60-62 billion USDC coins.
*Key Statistics:*
- *Current Price*: $0.9997-$1.00
- *Market Capitalization*: $60.15-$62.08 billion
- *Circulating Supply*: 60-62 billion USDC coins
- *24-hour Trading Volume*: $8.73-$18.41 billion
*About USDC:*
USDC is issued by regulated financial institutions and is backed up by $1 in reserve for every unit in circulation, held in a mix of cash and short-term US Treasury bonds. It's used for sending, storing, and receiving money between individuals and businesses without traditional financial institutions.