$USDC USDC is a stablecoin pegged to the US dollar, providing a stable store of value and medium of exchange in the cryptocurrency market. Here are some key points about USDC ¹ ² ³:

- *Current Price*: $0.9995-$1.00, with a slight increase in value over the past year

- *Market Capitalization*: $61.52 billion, ranking #6 in market cap

- *Trading Pairs*: Popular pairs include USDC/USD, USDC/BTC, USDC/ETH, and USDC/BNB

- *Exchange Availability*: USDC is available on over 100 centralized and decentralized exchanges, including Binance, Bybit, and Coinbase

- *Usage*: USDC is used for trading, lending, and borrowing, providing a stable asset for value settlement

- *Reserve*: USDC is backed 100% by highly liquid cash and cash-equivalent assets, with monthly third-party assurances

Some popular exchanges for USDC trading pairs are ³:

- *Binance*: ETH/USDC and BTC/USDC pairs with high trading volumes

- *Bybit*: BTC/USDC and USDC/USDT pairs with competitive pricing

- *Coinbase*: Provides USDC settlements and trading services

USDC's stability and widespread adoption make it a crucial component of the cryptocurrency ecosystem ⁴.