$USDC
USD Coin (USDC) is a digital stablecoin pegged 1:1 to the U.S. dollar, designed to offer the benefits of cryptocurrency without the volatility. Issued by Circle and originally co-founded with Coinbase, USDC is backed by cash and short-term U.S. Treasury assets held in regulated financial institutions. Its transparency and regulatory compliance have made it a trusted choice for traders, businesses, and decentralized finance platforms. USDC operates across multiple blockchains, including Ethereum and Solana, enabling fast, borderless transactions. As digital payments evolve, USDC plays a key role in bridging traditional finance with the growing world of Web3 and tokenized assets.
USD Coin (USDC) currently has a circulating supply of approximately 62.37 billion tokens, fully backed by U.S. dollar reserves. Its market capitalization stands at around $62.37 billion, making it the second-largest stablecoin and the seventh-largest cryptocurrency overall by market cap. USDC maintains a consistent $1.00 peg.