$USDC
USDC, or USD Coin, is a stablecoin pegged to the US dollar at a 1:1 ratio. It's issued by Circle, a regulated financial service business, and backed 100% by US dollars in highly liquid cash and cash-equivalent assets.
*Key Features:*
- *Current Price*: $0.9999 USD, with a 0.00% change in the last 24 hours
- *Market Capitalization*: $61.51 billion
- *24-hour Trading Volume*: $9.80 billion
- *Backing*: Fully reserved by cash and cash equivalents for 1:1 redeemability with US dollars
- *Usage*: Enables fast, low-cost, and accessible global transactions via blockchain technology
*Benefits:*
- *Stability*: Pegged to the US dollar, reducing volatility
- *Security*: Backed by cash and cash equivalents, ensuring stability and trust
- *Accessibility*: Available on major blockchains and trading platforms, such as Binance and Coinbase
- *Global Reach*: Can be used for international transactions, with low fees and fast settlement times
*Where to Get USDC:*
- *Binance*: Buy, sell, and trade USDC with low fees
- *Coinbase*: Buy, sell, and store USDC securely
- *OKX*: Trade USDC and access decentralized finance opportunities ¹