$USDC
USDC is a stablecoin pegged to the US dollar, and its value is designed to maintain a 1:1 ratio with the USD. Here are some key details about USDC:
- *Current Price*: $1.00 (as of June 7, 2025)
- *Market Cap*: $61.10 billion
- *Circulating Supply*: 61.11 billion USDC
- *Trading Volume (24h)*: $7.33 billion (according to Coinbase) or $5.46 billion (according to CoinGecko)
Some popular platforms for trading USDC include:
- *Coinbase*: Offers USDC trading pairs with various cryptocurrencies
- *Binance*: Lists USDC trading pairs, allowing users to buy and sell USDC
- *CoinGecko*: Provides real-time USDC price data and market information
USDC is widely used for ¹ ² ³:
- *Stablecoin transactions*: USDC is a popular choice for stablecoin transactions due to its peg to the US dollar
- *Decentralized finance (DeFi)*: USDC is used in various DeFi applications, such as lending and borrowing
- *Cross-border payments*: USDC can be used for fast and low-cost cross-border transactions ⁴