$USDC coin market news:💯
- *Current Price*: $0.9999, with a 0.0% change in the last 24 hours
- *Market Cap*: $60,934,394,330, ranking #7 on CoinGecko
- *24-hour Trading Volume*: $6,534,204,281, representing a -5.00% decrease from one day ago
- *Circulating Supply r*: 60,938,991,438 USDC tokens
Recent news and developments:
- *Stripe Integration*: Stripe has rolled out stablecoin accounts in over 100 countries, potentially boosting USDC adoption
- *Regulatory Growth*: Circle, the issuer of USDC, has filed to go public on the New York Stock Exchange under the ticker "CRCL"
- *Partnerships*: Sony Electronics Singapore partnered with (link unavailable) to enable USDC payments, highlighting growing stablecoin adoption
- *Market Cap Growth*: USDC's market cap has grown 80% from 2023 lows, outpacing USDT's 6
USDC is a stablecoin pegged to the US dollar, providing stability and liquidity in the volatile crypto market. Its price has historically been stable, but experienced a notable drop in March 2023 when Circle confirmed $3.3 billion of USDC reserves were stuck with Silicon Valley Bank ¹ ² ³.