$USDC

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Understanding USDC

USDC, or USD Coin, is a stablecoin designed to maintain a 1:1 ratio with the US dollar. It's built on the Ethereum platform and allows for fast and cost-effective transactions.

*Key Features:*

- *Stable Value*: USDC's value is pegged to the US dollar, reducing volatility.

- *Transparency*: Circle, the issuer, provides monthly attestations of its reserves.

- *Regulation*: USDC is issued by regulated entities of Circle, following strict US laws and standards.

*Market Performance:*

- *Current Price*: $0.9991-$1.00 USD

- *Market Capitalization*: $61.11 billion-$995.55 trillion (in IDR)

- *24-hour Trading Volume*: $24.12 million-$393.04 billion (in IDR)

*Uses:*

- *Fast Payments*: Send money across the world almost instantly.

- *Savings*: Hold digital dollars in 185 countries.

- *Trading*: Protect against volatility and make trades on top exchanges ¹ ² ³.