$USDC

As of today, Wednesday, June 18, 2025, USDC (USD Coin) is performing as expected for a stablecoin, maintaining its peg to the U.S. dollar.

Here's a summary of its market performance:

* Price: It is consistently trading around $1.00 USD. Minor fluctuations of less than 0.1% are common for stablecoins as they aim to maintain their 1:1 peg.

* Market Cap: USDC's market capitalization is approximately $61.5 - $61.6 billion USD, making it one of the top stablecoins by market cap, usually ranking second after Tether (USDT).

* 24-hour Trading Volume: The daily trading volume for USDC is substantial, ranging between $5 billion to over $10 billion USD. This indicates active trading and liquidity within the crypto market.

* Stability: USDC is designed for stability, being fully backed by U.S. Treasury or dollar equivalents and adhering to regulatory guidelines. This makes it a popular choice for traders looking to exit volatile crypto positions or for facilitating transactions without exposure to price swings.

In essence, USDC is doing what it's supposed to do: act as a stable digital dollar in the cryptocurrency ecosystem.