$USDC USD Coin (USDC) is a stablecoin pegged to the US dollar, designed to maintain a constant value of $1 USD. Here are some key details about USDC ¹ ² ³:

- *Current Price*: $0.9997 to $1.00, with a 0.01% to 0.00% change in the last 24 hours

- *Market Cap*: $61.47 billion to $61.51 billion

- *Circulating Supply*: 61.48 billion USDC

- *24-hour Trading Volume*: $10.82 million to $9.01 billion

*Key Features of USDC:*

- *Stability*: USDC is designed to maintain a stable value, reducing the risk of volatility associated with other cryptocurrencies

- *Transparency*: USDC is backed by cash and cash equivalents, with monthly attestations by an independent accounting firm

- *Global Accessibility*: USDC can be used for fast, low-cost transactions across borders, and is available on over 100 cryptocurrency exchanges and 15 blockchain networks

- *Regulation*: USDC is issued by Circle, a regulated financial service business that follows strict US laws and standards to protect users' funds

*Use Cases for USDC:*

- *Payments*: USDC can be used for secure, real-time payments online and in person

- *Remittances*: USDC enables fast and low-cost cross-border transactions

- *DeFi Trading*: USDC provides a stable store of value for trading and investing in decentralized finance (DeFi) applications

- *Savings*: USDC can be held as a digital dollar in over 185 countries, providing a stable store of value ⁴