$USDC

💵 #USDC Update

USD Coin (USDC) is holding steady at $1.00, keeping its value equal to the U.S. dollar as expected. In the past 24 hours, its price has moved less than 0.01%, showing strong stability. The trading volume is around $6 to $12 billion, and USDC has a market cap of about $61.6 billion, making it the second biggest stablecoin after USDT.

USDC is backed by real cash and U.S. government bonds. It’s audited monthly to ensure full transparency. After Circle’s recent $1.05 billion IPO, and the U.S. Senate’s new stablecoin bill (GENIUS Act), USDC is gaining even more trust from institutions and users.

In short: USDC is safe, reliable, and now has stronger support from both the market and regulators. It’s a key stablecoin in the crypto world.

#Stablecoin #CryptoNews #USDC #BinanceSquare