$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, issued by Circle. It's designed for fast, cheap, and global transactions, making it a popular choice for various use cases.¹
*Key Features:*
- *Stable Value*: USDC maintains a stable value, equivalent to the US dollar, making it an attractive option for those seeking to avoid cryptocurrency volatility.
- *Wide Acceptance*: USDC is widely accepted on various platforms, including Binance, Coinbase, and OKX, allowing users to send, store, and receive money seamlessly.
- *Blockchain Support*: USDC operates on multiple blockchain platforms, such as Ethereum, Base, and Polygon, providing flexibility and accessibility.²
*Current Market Data:*
- *Price*: $0.9999 USD, with a 0.01% increase in the last 24 hours.
- *Market Capitalization*: $60.61 billion, ranking #7 on CoinMarketCap.
- *24-Hour Trading Volume*: $11.94 billion, with a circulating supply of 60.63 billion USDC.³
*Use Cases:*
- *Cross-Border Payments*: USDC enables fast and cheap transactions across borders, making it an attractive option for international payments.
- *Crypto Trading*: USDC provides a stable store of value, allowing traders to hedge against market volatility.
- *Decentralized Finance (DeFi)*: USDC is used in various DeFi applications, such as lending and borrowing, due to its stable value and wide acceptance.