$USDC
...
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.