$USDC 📊 USDC Market Information (updated on 4/5/2025)

• Current Price: ~1.00 USD

• Market Capitalization: ~61.5 billion USD

• 24h Trading Volume: ~5.2 billion USD

• Circulating Supply: ~61.5 billion USDC

• 24h Volatility: ±0.01% 

🧠 How does USDC work?

USDC is a stablecoin fully backed by reserve assets, including cash and short-term U.S. government bonds. Each USDC is backed by 1 USD in a bank account, with audit reports published periodically to ensure transparency. This helps make USDC a popular choice in DeFi transactions, international money transfers, and as a safe haven in the volatile cryptocurrency market.