$USDC USDC, or USD Coin, is a stablecoin pegged 1:1 to the U.S. dollar. This means its value aims to remain consistently at $1. Key points about its market supply:

* **Circulating Supply:**

* The circulating supply of USDC fluctuates, but it's consistently in the tens of billions.

* You can find up-to-date data on websites like CoinGecko and TradingView.

* **Purpose:**

* USDC is designed to provide stability within the volatile cryptocurrency market.

* It's used for trading, payments, and as a safe haven asset.

* **Backing:**

* USDC is backed by reserves of U.S. dollars and other safe assets, held in regulated financial institutions.

* **Importance:**

* It plays a big role in defi(decentralized finance)

* It is used to move value around the globe quickly.

In essence, USDC's market supply reflects its role as a key stablecoin in the digital economy.