$USDC USDC (USD Coin) is a stablecoin pegged to the US dollar, issued by Circle and Coinbase. It's one of the most widely used stablecoins in the crypto market.

USDC Market Stats:

- *Market Cap:* $43.8 billion

- *Circulating Supply:* 43.8 billion USDC

- *Trading Volume:* $4.3 billion (24-hour)

Benefits of USDC:

1. *Stability:* Pegged to the US dollar, reducing volatility

2. *Liquidity:* Widely available on major exchanges and platforms

3. *Regulatory Compliance:* Issued by reputable companies, adhering to regulatory standards

Use Cases for USDC:

1. *Trading:* Hedge against market volatility or use as a trading pair

2. *Payments:* Fast and low-cost transactions for businesses and individuals

3. *DeFi:* Used in various DeFi applications, such as lending and borrowing protocols