$USDC .

Key Metrics (as of June 6, 2025)

Price: Approximately $1.00 USD

Market Capitalization: Around $61.5 billion USD

24-Hour Trading Volume: Approximately $12.9 billion USD

Circulating Supply: Approximately 61.5 billion USDC

All-Time High: $1.00 USD

All-Time Low: $0.8787 USD (March 2023)   

Issuer: Circle Internet Group

Circle, founded in 2013 by Jeremy Allaire and Sean Neville, is a U.S.-based fintech firm specializing in digital currencies. On June 5, 2025, Circle went public on the New York Stock Exchange under the ticker CRCL, with shares surging 168% on the first day, closing at $83.23. The IPO raised approximately $1.1 billion, valuing the company at over $19 billion. 

Reserves & Transparency

USDC is fully backed by reserves held in cash or short-term U.S. Treasury securities. Circle undergoes regular attestations by independent auditors, such as Deloitte, to ensure transparency and maintain trust in the stablecoin’s 1:1 peg with the U.S. dollar.  

Ecosystem & Use Cases

USDC is integrated into a vast array of decentralized finance (DeFi) platforms, centralized exchanges, and blockchain applications. Notably, Circle has partnered with major institutions like Meta (formerly Facebook) to explore the use of USDC for content creator payments, potentially reaching 3.5 billion users. 

Risks & Considerations

Centralization: As a centrally issued stablecoin, USDC’s operations and reserves are controlled by Circle, which may pose risks related to governance and regulatory changes.

Regulatory Environment: The evolving regulatory landscape for stablecoins in the U.S. and globally could impact USDC’s operations and adoption.