$USDC The current price of USDC (USD Coin) is $0.999795, with a 0.02% increase in the last 24 hours. Here's a brief overview ¹ ²:
- *Market Capitalization*: $60.6 billion
- *24-Hour Trading Volume*: $11.58 billion
- *Circulating Supply*: 60.63 billion USDC
USDC is a stablecoin pegged to the US dollar, designed to maintain a 1:1 ratio with the USD. It's issued by Circle, in partnership with Coinbase through the CENTRE consortium, and is available on multiple blockchains, including Ethereum, Algorand, Avalanche, Solana, Stellar and TRON ³ ⁴ ².
Some key benefits of USDC include ⁵:
- *Stable Store of Value*: USDC serves as a safe haven during market volatility.
- *Trading Pair*: USDC is a common denominator for trading pairs on exchanges.
- *Cross-Border Payments*: USDC enables fast, low-cost international transfers.
- *DeFi Applications*: USDC is used in various decentralized finance applications.