#MastercardStablecoinCards

USDC, or USD Coin, is a stablecoin cryptocurrency pegged to the US dollar, maintained by Circle. It's designed for global finance, offering near-instant, low-cost transactions. Here are some key details ¹ ²:

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

- *Market Cap*: $60.61 billion

- *Circulating Supply*: 60.63 billion USDC

- *Trading Volume*: $11.94 billion in the last 24 hours

USDC operates on multiple blockchain platforms, including Ethereum, Solana, and Polygon, and is supported by various exchanges and wallets. Some of its use cases include ² ³:

- *Stable Store of Value*: Maintains price equivalence to the US dollar

- *Global Payments*: Enables fast and low-cost transactions

- *Decentralized Finance*: Used in various DeFi applications

*Key Features:*

- *Backed by Reserves*: Fully reserved with highly liquid cash and cash-equivalent assets

- *Transparency*: Regular third-party audits and public reporting on reserves

- *Regulatory Compliance*: Issued by regulated financial institutions

USDC has seen significant growth, with over $26 trillion in all-time transaction volume. It's widely used by individuals, businesses, and institutions for various purposes, including payments, trading, and DeFi applications ².