$USDC USDC, or USD Coin, is a stablecoin cryptocurrency pegged to the US dollar. It's designed to maintain a stable value, making it ideal for digital transactions. Here are some key facts about USDC ¹ ² ³:

- *Current Price*: $0.9999, with a 0.02% increase in the last 24 hours

- *Market Cap*: $61.1 billion, ranking #7 on CoinMarketCap

- *Circulating Supply*: 61.1 billion USDC coins

- *Backing*: Fully reserved with US dollar-denominated assets, including cash and short-term Treasuries

- *Usage*: Enables near-instant, low-cost global payments, and is available on 20 blockchain networks, including Ethereum, Solana, and Polygon

USDC's benefits include ³:

- *Stability*: Maintains a 1:1 ratio with the US dollar

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

- *Accessibility*: Can be accessed through various platforms, including exchanges, neobanks, and digital wallets

Some notable developments with USDC include ²:

- *Visa's Support*: Visa initiated a pilot program to send USDC via the Solana blockchain for payment settlements

- *Circle's IPO*: Circle, the issuer of USDC, went public on the NYSE in June 2025

- *Regulatory Compliance*: Circle achieved compliance with Markets in Crypto-Assets (MiCA) in the European Union, making USDC one of the first major stablecoins to do so ⁴