$USDC USDC, or USD Coin, is a stable digital dollar designed for fast, low-cost, and global blockchain transactions. Here's what you need to know ¹:
- *Current Price*: $1.00, with a 0.01% decrease in the last 24 hours
- *Market Cap*: $61.65 billion
- *Backing*: Fully reserved by cash and cash equivalents, with 1:1 redeemability with US dollars
- *Usage*: Enables peer-to-peer transfers, cross-border remittances, payments, savings, and DeFi trading
*Key Features:*
- *Fast and Low-Cost Transactions*: USDC settles transactions in seconds or minutes, compared to traditional payments that take several business days
- *Global Accessibility*: Available in over 180 countries, 24/7
- *Stable Value*: Fully reserved and redeemable 1:1 for US dollars
- *Regulatory Compliance*: Adheres to stringent US regulatory standards
*Where to Buy USDC:*
- *Binance*: Offers USDC trading with low fees and other tools for digital asset management
- *Coinbase*: Allows users to purchase USDC by depositing fiat currency via bank transfer or card
- *(link unavailable)*: Enables users to buy USDC
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USDC is widely accepted on over 100 cryptocurrency exchanges and natively issued on more than 15 blockchain networks, making it a trusted option for both decentralized finance (DeFi) and traditional markets ³.
