$USDC USDC, or USD Coin, is a stablecoin cryptocurrency pegged to the US dollar, issued by Circle. It's designed to maintain a stable value, making it ideal for fast, low-cost transactions and global payments. Here are some key details about USDC ¹ ² ³:
- *Current Price*: $1.00
- *Market Cap*: $61.46 billion (according to Finnhub) or $3.39 billion (according to CoinGecko), with some discrepancy in reported figures
- *Backing*: Fully reserved with US dollar-denominated assets, providing a stable store of value
- *Usage*: Available on various blockchain platforms, including Ethereum, Base, Polygon, and Solana
- *Transaction Volume*: Over $26 trillion in all-time volume
- *Availability*: Can be accessed through exchanges, neobanks, and digital wallets, with support from major companies like Binance, Coinbase, and OKX
USDC's stability and reliability make it an attractive option for individuals and businesses looking for a digital dollar ¹.