$USDC

USDC, or USD Coin, is a stablecoin pegged to the US dollar, aiming to maintain a stable value. Here are some key details about USDC:

*Current Price*: $0.9996-$1.00, with a 0.02% increase in the last 24 hours

*Market Capitalization*: $61.49 billion-$61.59 billion, ranking it #7 among cryptocurrencies

*Trading Volume*: $16.17 million-$36.60 million in the last 24 hours

*Circulating Supply*: 61.52 billion-62 billion USDC

*All-Time High*: $1.17

*Recent Developments*:

- Circle issued 100 million USDC on Algorand, indicating growing institutional demand

- USDC Treasury minted 62,855,257 USDC on Ethereum and burned 132,856,796 USDC

- Nearly $70 million USDC was destroyed on Solana and minted on Ethereum for cross-chain migration

USDC is designed to provide a digital bridge between traditional and decentralized financial ecosystems, offering stability and facilitating fast transactions ¹ ² ³.