$USDC USDC is a stablecoin pegged to the US dollar, maintaining a stable value. Here's how it looks today :
- *Current Price*: $0.9998-$1.00, showing minimal change in the last 24 hours
- *Market Capitalization*: $61.45-$61.57 billion, ranking #7 among cryptocurrencies
- *Trading Volume*: $8.7-$10.28 billion in the last 24 hours
- *Circulating Supply*: 61.46-61.51 billion USDC coins
Some recent developments include:
- *Coinbase Derivatives' Adoption*: USDC will be used as collateral for US futures trading by 2026
- *US Senate Approval*: The GENIUS Act aims to regulate stablecoins, potentially impacting USDC
- *Circle's IPO*: Circle, the issuer of USDC, went public, sparking discussions about stablecoin regulation and adoption
Overall, USDC remains a prominent stablecoin with significant market presence and growing adoption across various blockchain networks and financial institutions.