$USDC

USDC (USD Coin) on Binance is a USD-pegged stablecoin that aims to maintain a 1:1 value with the US dollar. It's issued by Circle and is known for its regulatory compliance and transparency, as its reserves are held in regulated financial institutions and are subject to regular audits.

Key aspects of USDC on Binance:

* Stable Value: Designed to provide a stable digital currency, reducing the volatility often associated with other cryptocurrencies. Its current price on Binance is approximately $0.9999 USD (as of May 4, 2025).

* Trading Pairs: USDC is available for trading against numerous other cryptocurrencies on Binance's spot market. Examples include USDC/USDT, BTC/USDC, ETH/USDC, and many more. Binance frequently adds new trading pairs involving USDC; for instance, on March 18, 2025, Binance listed USDC pairs for DF, EPIC, GMX, MKR, and RPL.

* Earning Opportunities: Binance offers various ways to earn passive income with USDC through its "Earn" platform, including savings accounts with flexible and locked terms.

* Launchpool Participation: Users holding USDC on Binance can sometimes stake it to participate in Launchpool projects and earn new tokens, as seen with the WalletConnect (WCT) launchpool in April 2025.

* Global Integration: Binance actively promotes the integration of USDC across its products and services to provide its large user base with access to a stable digital dollar for trading, savings, and payments.

* Security and Regulation: USDC is issued by Circle, a regulated financial service business that adheres to strict US laws and standards. Its reserves are fully backed by US dollars or equivalent assets, and these reserves are audited monthly by a major accounting firm, enhancing trust and security.