$USDC

USD Coin (USDC) is a leading stablecoin pegged 1:1 to the U.S. dollar, designed to maintain a stable value. As of June 5, 2025, USDC is trading at approximately $0.9997, with a market capitalization of around $61.5 billion, making it the 7th largest cryptocurrency by market cap.

USDC is issued by Circle, a fintech company that recently completed a successful IPO, raising $1.1 billion by pricing shares at $31 each. This move valued the company at approximately $6.8 billion, with potential to rise to nearly $8 billion when accounting for additional financial instruments.

USDC operates across multiple blockchains, including Ethereum, Base, and Polygon, and is widely used in decentralized finance (DeFi) applications. Its reserves are fully backed by cash and short-term U.S. government securities, with regular attestations to ensure transparency.

For real-time USDC price updates and charts, you can visit platforms like CoinMarketCap, Coinbase, or TradingView.