$USDC USD Coin (USDC) is a stablecoin pegged to the US dollar, designed to maintain a stable value. Here are some key details about USDC:
*Current Price*: USDC is trading at around $0.9997, with a slight decrease of 0.01% in the last 24 hours.
*Market Capitalization*: The market cap of USDC is approximately $61.57 billion, ranking 7th among all cryptocurrencies.
*24-hour Trading Volume*: The 24-hour trading volume of USDC is around $34.74 billion.
*Circulating Supply*: The circulating supply of USDC is approximately 61.58 billion.
*Key Features*:
- *Stablecoin*: USDC is designed to maintain a stable value, minimizing price volatility.
- *1:1 Backing*: Each USDC token is backed by a corresponding US dollar held in reserve.
- *Wide Adoption*: USDC is widely used in various cryptocurrency exchanges, wallets, and applications.¹
*Exchange Rates*:
- *USD*: 1 USDC = $0.9997
- *EUR*: 1 USDC = €0.871895
- *JPY*: 1 USDC = ¥145.04
- *PKR*: 1 USDC = ₨283.41
*Market Performance*:
- *24-hour High*: $1
- *24-hour Low*: $0.9991
- *All-time High*: $1.03²