$USDC

💲 #USDC Update

USDC (USD Coin) is currently stable at $1.00, staying close to its dollar peg. Over the past 24 hours, the price barely moved—less than 0.01%—which shows it's keeping steady. The daily trading volume is between $6 and $12 billion, and its market cap is about $61.6 billion, making USDC the second largest stablecoin after USDT.

USDC is backed 100% by cash and U.S. Treasury assets, and Circle publishes regular audits to keep things transparent. After Circle’s recent $1.05B IPO and new U.S. laws (like the GENIUS Act), USDC is now more trusted by investors and big institutions.

In summary: USDC continues to be one of the most reliable stablecoins in crypto, with strong backing and growing support from regulators.

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