$USDC O USD Coin (USDC) is a stablecoin pegged to the US dollar, developed to offer stability in the cryptocurrency market. Here are some important information about USDC for the crypto market today:
*Price and Appreciation*
- The current price of USDC is $1.00, with a variation of +0.00% in the last 24 hours.
- The stablecoin maintains a stable value, reducing the volatility associated with traditional cryptocurrencies.
*Features*
- *Backing*: Each unit of USDC in circulation is backed by $1, held in reserve in a mix of cash and short-term US Treasury securities.
- *Security*: USDC is issued by regulated financial institutions and is a safe option for cryptocurrency traders during times of high volatility.
*Market*
- *Market Capitalization*: The market capitalization of USDC is approximately $3.207 trillion or R$ 349.03 billion.
- *Trading Volume*: The trading volume of USDC in the last 24 hours was $10.74 billion or R$ 59.21 billion.
- *Circulating Supply*: The circulating supply of USDC is approximately 61.51 billion units.
*Use*
- *Payments*: USDC can be used for quick and inexpensive international payments.
- *Decentralized Finance*: USDC is used in decentralized finance (DeFi) to provide a stable payment option.
- *Gaming*: USDC is also used in online games as a preferred form of payment.
*Advantages*
- *Stability*: USDC offers stability in the cryptocurrency market.
- *Speed*: USDC enables fast and secure transactions.
- *Low Costs*: Transaction fees for USDC are generally lower than traditional transaction fees.
