$USDC USD Coin (USDC) is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar. As of June 7, 2025, USDC is trading at approximately $1.00, reflecting its intended stability. It ranks as the seventh-largest cryptocurrency by market capitalization, with a circulating supply of about 61.12 billion USDC and a 24-hour trading volume exceeding $9 billion .

USDC is issued by Circle, a fintech company that recently made headlines with its initial public offering (IPO) on the New York Stock Exchange under the ticker symbol CRCL. The IPO was priced at $31 per share, but strong investor demand propelled the stock to open at $69 and close at $83.23 on its first day—a 168% increase. The momentum continued, with shares reaching $115 on the second day of trading .