$USDC USDC (USD Coin) is a popular stablecoin pegged to the US dollar, allowing for fast and cheap transactions globally. Here are some key details about USDC:
*Key Features:*
- *Stable Value*: USDC is designed to maintain a stable value of $1 USD, making it a reliable store of value and medium of exchange.
- *Blockchain Support*: USDC is available on multiple blockchains, including Ethereum, Polygon, and Solana, enabling seamless transactions across different networks.
- *Regulated*: USDC is issued by Circle, a regulated financial service business that follows strict US laws and standards to protect users' funds.
- *Transparent Reserves*: USDC's reserves are regularly attested by Grant Thornton, LLP, and Circle provides monthly updates on its website.
*Coin Pairs:*
Some popular coin pairs with USDC include¹ ²:
- *USDC/USDT*: A stablecoin pair allowing for easy exchange between two popular dollar-pegged assets.
- *ETH/USDC*: A popular pair for trading Ethereum against USDC.
- *BTC/USDC*: A pair for trading Bitcoin against USDC.
*Exchanges:*
You can buy and trade USDC on various exchanges, including:
- *Binance*: One of the largest global crypto exchanges offering USDC trading.
- *Coinbase*: A popular exchange for buying, selling, and trading USDC.
- *OKX*: A leading cryptocurrency exchange and Web3 platform offering USDC trading.
*Current Price:*
The current price of USDC is around $0.9998, with a market capitalization of approximately $61.46 billion.