USD Coin (USDC), a stablecoin pegged 1:1 to the US dollar, maintains a stable price today at around 1 USD, with a 24-hour trading volume of 10.37 billion USD. The market capitalization of USDC is 61.52 billion USD, placing it 7th among cryptocurrencies. In the past 24 hours, the price has dropped by 0.01%, and it remains unchanged over the week. USDC, issued by Circle, is backed by reserves of cash and US Treasury bonds, ensuring transparency and stability. Posts on platform X indicate increasing adoption of USDC, including integration with Shopify as a payment method, and its role in US financial strategies. In March 2023, there was a temporary drop in value to 88 cents due to reserve issues at Silicon Valley Bank, but since then, the stablecoin has regained stability. $USDC