$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar at a 1:1 ratio. It is designed to enable fast, cheap, and cross-border transactions, making it an attractive option for both businesses and individuals. Here are some key features:

- *Current Price*: $0.9997, with an increase of 0.01% in the last 24 hours

- *Market Capitalization*: $60.61 billion, ranked #7 on CoinMarketCap

- *Trading Volume*: $11.94 billion in the last 24 hours

- *Circulating Supply*: 60.63 billion USDC coins

- *Backing*: Fully backed by $1 reserved for each USDC in circulation, invested in cash and short-term US government bonds

- *Availability*: Supported on 20 blockchain networks, including Ethereum, Solana, and Polygon