$USDC

USDC, or USD Coin, is a stablecoin pegged to the US dollar, designed to maintain a stable value. It's issued by Circle, a global financial technology firm, and backed 1:1 with the US dollar.

*Key Features:*

- *Stable Value*: USDC maintains a stable value, reducing volatility risks

- *Fast Transactions*: Enables fast, low-cost global transactions

- *Wide Acceptance*: Supported on over 100 cryptocurrency exchanges and 15 blockchain networks

- *Regulated*: Compliant with US regulations and standards

- *Transparent Reserves*: Backed 100% by highly liquid cash and cash-equivalent assets

*Uses:*

- *Trading*: Serves as a stable store of value and trading pair on exchanges

- *Cross-Border Payments*: Enables fast, low-cost international transfers

- *DeFi Applications*: Used in decentralized finance applications

- *Savings*: Can be held as a stable store of value in digital wallets

*Current Price*: $1.00, with a market capitalization of $61.51 billion. The price remains stable, with minimal fluctuations ¹.