$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, allowing for fast and low-cost transactions globally. Here's what you need to know¹ ²:

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

- *Market Cap*: $60.61 billion

- *Circulating Supply*: 60.63 billion USDC

- *Usage*: USDC operates on multiple blockchain platforms, including Ethereum, Base and Polygon, enabling seamless transactions across various ecosystems

*Key Features*

- *Backed by Real Assets*: USDC is fully reserved, with assets held in cash and short-term US Treasury bonds

- *Regulated*: Issued by Circle, a regulated financial service business, ensuring strict adherence to US laws and standards

- *Global Accessibility*: Available in 185 countries, allowing users to send, save, spend and trade USDC

*Use Cases*

- *Fast and Low-Cost Transactions*: Enables near-instant global money movement

- *Stable Store of Value*: Provides a safe haven for crypto traders during times of volatility

- *Decentralized Finance (DeFi)*: Used in various DeFi applications, such as lending and borrowing

*Partnerships and Adoption*

- *Visa Support*: Visa initiated a pilot program to send USDC via the Solana blockchain

- *Coinbase and Binance Integration*: USDC is available on major cryptocurrency exchanges, including Coinbase and Binance