$USDC As of June 8, 2025, USD Coin (USDC) remains a widely used stablecoin pegged 1:1 to the U.S. dollar. It is primarily issued by Circle Internet Group and is utilized across various blockchain platforms, including Ethereum, Solana, and Polygon.
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💱 USDC Price Overview
USD Price: $1.0001
Market Cap: Approximately $58.7 billion
24h Trading Volume: Around $1.52 billion
Circulating Supply: 58.68 billion USDC
Supported Blockchains: Ethereum (ERC-20), Solana, Polygon, and others
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🇵🇰 USDC to Pakistani Rupee (PKR)
1 USDC ≈ PKR 281.33
5 USDC ≈ PKR 1,406.66
10 USDC ≈ PKR 2,813.32
This exchange rate is consistent across major platforms like Coinbase and CoinGecko.
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🔍 Key Features of USDC
Stability: Maintains a 1:1 peg to the U.S. dollar, offering a reliable store of value.
Transparency: Monthly audits by Deloitte ensure the backing reserves are fully accounted for.
Regulatory Compliance: Issued by regulated financial institutions, adhering to U.S. financial regulations.
Wide Adoption: Supported on multiple blockchains, facilitating cross-platform transactions.
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🧭 Use Cases
Cross-Border Payments: Enables fast and cost-effective international money transfers.
DeFi Applications: Serves as a stable collateral asset in decentralized finance protocols.
Remittances: Offers a stable alternative for remittances, especially in regions with volatile local currencies.
Hedging: Provides a means to hedge against cryptocurrency market volatility.
