$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, designed to maintain a stable value. Here are some key points about USDC ¹ ² ³:

- *Current Price*: $1.00, with a 0.01% change in the last 24 hours

- *Market Cap*: $61.51 billion

- *24-hour Trading Volume*: $9.51 billion

- *Circulating Supply*: 61.506 billion USDC

- *Backing*: Fully backed by US dollar-denominated assets, including cash and short-term US Treasury bonds, held in reserve by Circle

USDC is widely used for ⁴ ²:

- *Fast and low-cost transactions*: Enables seamless transfers across borders

- *Stable store of value*: Provides a stable alternative to other cryptocurrencies

- *Decentralized finance (DeFi)*: Used in various DeFi applications and protocols

Some popular platforms for buying and trading USDC include ¹ ²:

- *Binance*: Offers USDC trading pairs with low fees

- *Coinbase*: Allows users to buy, sell, and trade USDC

- *OKX*: Provides USDC trading and decentralized finance services

USDC has gained significant adoption, with Visa and Mastercard exploring its potential for payments. The stablecoin market is expected to reach $2 trillion by 2028, driven by growing adoption and regulatory advancements ⁵.