$USDC occupies the #7 position in capitalization, with over $61.5 billion in circulation.

The daily volume exceeds $9–10 billion, reflecting its intensive use in trading, on-chain payments, and DeFi.

Fully backed 1:1 in U.S. dollars and equivalents, primarily in cash and short-term treasuries, custodied by The Bank of New York Mellon and managed by BlackRock.

It has audits and monthly audits conducted by Deloitte, with public reports to ensure transparency.