📌 Current Situation

Price: $USDC quotes at $0.9998–$1.00, with almost no variation in the last 24 hours (~ –0.01 %).

Market Capitalization: ~$61.5 billion, positioning itself as the 2nd largest stablecoin, behind USDT.

24h Volume: around $10–11 billion, demonstrating its high liquidity.

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🌐 What is USDC?

It is a stablecoin backed 1:1 by dollars and equivalents, issued by Circle (in collaboration with Coinbase).

It is available on multiple chains (Ethereum ERC‑20, Solana, Polygon, Base, Arbitrum, Avalanche...), facilitating fast transfers and use in DeFi.

Circle publishes monthly attestations about its reserves (cash and U.S. Treasuries), although not necessarily a full audit.