The latest market update for USD Coin (USDC) shows it trading very close to its $1 peg, currently around $0.9998 to $1.00 USD. The 24-hour trading volume is substantial, ranging between approximately $8.9 billion to over $10 billion, reflecting high liquidity and active trading.
USDC's market capitalization stands around $61.4 billion, making it one of the top stablecoins by market cap and ranking #7 in the crypto market236. Its price has remained extremely stable with minimal fluctuations, typically within a few thousandths of a dollar from $1, underscoring its role as a reliable stablecoin backed by cash and short-term U.S. Treasury bonds.
In summary:
Price: ~$0.9998–$1.00 USD
Market Cap: ~ $61.4 billion
24h Volume: ~$9–10 billion
Stability: Maintains 1:1 peg to USD with minimal variance
Ranking: #7 in crypto by market cap
USDC continues to serve as a key stablecoin for digital transactions, DeFi, and crypto trading with strong backing and broad acceptance across exchanges and platforms.