According to Binance, 1 USDC is trading at approximately $0.9999, nearly pegged 1:1 with the U.S. dollar. Market cap hovers around $64.3 billion, with daily trading volume of $8.37 billion
2. Trading Volume & Market Share
In April 2025, USDC saw a record high trading volume of $219 billion, more than double compared to January 2024.
On Binance specifically, the Binance–Circle partnership helped raise USDC’s market share among stablecoins from around 10% to nearly 20%, while USDT dropped from 75% to ~60%
3. Circulation & Reserve Dynamics
As of mid-June 2025, total USDC in circulation was about $60.9 billion, with reserves totaling approximately $61.2 billion—comprising $8.5 billion in cash and $52.7 billion in other high-quality reserves
4. Binance Integration & Ecosystem Role
Binance has increasingly adopted USDC across its platform—notably as the default currency for Binance Pay, replacing BUSD, and also utilizing USDC within its corporate treasury operations
Summary Table
Topic Key Insight
Price & Stability Stable near $1 peg; strong market cap and volume
Volume & Market Share Record April volume; gaining ground on USDT on Binance
Circulation & Reserves Circulation ~ $60.9B; fully backed by cash and quality reserves
Binance Ecosystem Integral to Binance Pay, treasury management, multichain use
