$USDC USDC, or USD Coin, is a stablecoin cryptocurrency designed to maintain a stable value relative to the US dollar. It's issued by Circle, a regulated financial service business, and is fully backed by real cash and cash equivalents. Here are some key features and benefits ¹ ²:

- *Stable Value*: USDC is pegged to the US dollar, ensuring a stable value and reducing volatility.

- *Global Accessibility*: USDC is available in 185 countries and can be sent across the globe in seconds.

- *Low Transaction Fees*: Transfers often cost fractions of a penny.

- *Redeemable*: USDC can be redeemed 1:1 for US dollars.

- *Transparent Reserves*: Circle's reserves are publicly visible, with monthly third-party assurances.

USDC has various use cases, including ¹:

- *Sending and Receiving Payments*: Fast and low-cost global payments.

- *Saving and Holding*: Digital dollars can be held in 185 countries.

- *Trading*: Protect against volatility and make trades on top exchanges.

- *Spending*: Make secure, real-time payments online and in person.

The current market capitalization of USDC is approximately $61 billion, with a circulating supply valued at $61,079,127,606. The price of USDC remains stable, with a current price of $0.9998 and 0.0% change in the last 24 hours ³.