$USDC USDC, or USD Coin, is a stablecoin designed to maintain a constant value of $1 USD. It's a popular cryptocurrency that's pegged to the US dollar, offering stability and trust in the volatile crypto market. Here are some key facts about USDC ¹ ²:

- *Market Capitalization*: USDC has a market cap of around $61.4 billion, ranking it 7th among all cryptocurrencies.

- *Current Price*: The live USDC price is $0.9998, with a 24-hour trading volume ranging from $8.012 billion to $10.165 billion.

- *Stability*: USDC is backed by reserves subject to monthly attestations by an independent accounting firm, ensuring its stability and trustworthiness.

- *Usage*: USDC is used for trading, payments, DeFi, and digital asset storage, providing a predictable and secure way to engage with the crypto economy.

- *Availability*: USDC is available on many popular blockchains, including Ethereum, and has adopted the ERC-20 token standard, making it interoperable with Ethereum-based applications.

Some popular exchanges for USDC include ³:

- *Binance*: Offers USDC/USDT and ETH/USDC trading pairs

- *Bullish*: Offers BTC/USDC trading pairs

- *WEEX*: Also supports USDC trading

USDC's value is pegged to the US dollar, and every USDC token in circulation is backed by $1 USD in cash or cash equivalents, such as short-term US Treasury bonds held by regulated US financial institutions ².