$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, issued by Circle. It's designed to maintain a stable value, reducing volatility often associated with cryptocurrencies. Here are some key details about USDC:

*Key Features:*

- *Stable Value*: USDC is pegged to the US dollar, ensuring a stable value.

- *Backed by Reserves*: USDC is fully backed by US dollar-denominated assets held in reserve.

- *Regulated*: USDC is issued by Circle, a regulated financial service business.

- *Transparency*: Circle provides monthly attestations of USDC reserves, ensuring transparency ¹ ².

*Usage:*

- *Global Transactions*: USDC enables fast, low-cost global transactions.

- *Trading*: USDC is widely used on cryptocurrency exchanges.

- *Savings*: USDC can be used to save digital dollars in 185 countries.

*Statistics:*

- *Market Cap*: $61.79 billion

- *Current Price*: $1.00

- *Circulating Supply*: 61.035 billion USDC

- *24-hour Trading Volume*: $9.79 billion

*Availability:*

- *Blockchains*: USDC is available on 19 blockchain networks, including Ethereum, Solana, and Polygon.

- *Exchanges*: USDC can be bought and traded on major cryptocurrency exchanges like Binance and Coinbase ² ³ ⁴.