$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 details¹ ²:

- *Current Price*: $1.00, with minimal fluctuations

- *Market Cap*: $61.11 billion, although some sources report $3.394 billion or $26 trillion in all-time volume

- *Backing*: Fully reserved with US dollar-denominated assets, ensuring 1:1 redeemability

- *Availability*: Accessible on major blockchains like Ethereum, Solana, and Polygon, as well as through various exchanges and digital wallets

- *Usage*: Enables instant payments, transfers, and trading, with applications in DeFi, payments, and more

- *Regulation*: Issued by Circle, a regulated financial service business, with transparency through regular attestations

USDC's benefits include³:

- *Security*: Backed by highly liquid assets and regulated financial institutions

- *Transparency*: Regular third-party reporting on reserves

- *Accessibility*: Available in 185 countries, with support for multiple blockchains and platforms

- *Stability*: Maintains a stable value, ideal for transactions and payments

Would you like more information on USDC's usage, benefits, or market trends?