The live USDC price today is $1.00**, with a **24-hour trading volume of $5.14 billion. USDC maintains a stable value pegged to the US dollar, making it a reliable choice for crypto transactions. Its market capitalization stands at $61.64 billion, reflecting its widespread adoption and trust in the market.
What Is USD Coin (USDC)?
USD Coin (USDC) is a fiat-collateralized stablecoin designed to combine the benefits of blockchain technology with price stability. Each USDC token is backed 1:1 by US dollars held in regulated reserves, ensuring transparency and reliability. Issued as an ERC-20 token on Ethereum, USDC facilitates fast, low-cost transactions while minimizing volatility.
Key Features of USDC:
- Stable Value: Pegged 1:1 to the USD.
- Transparency: Regular audits confirm full reserve backing.
- Blockchain Efficiency: Fast, secure transactions on Ethereum and other supported networks.
Market Cap and Trading Activity
- Market Cap: $61.62 billion (Ranked #7 among cryptocurrencies).
- 24-Hour Trading Volume: $5.14 billion.
- Price Stability: Minimal fluctuation (+0.00% hourly, -0.00% daily).
USDC Supply and Demand
- Circulating Supply: 61.63 billion USDC.
- Max Supply: 61.64 billion USDC.
- Adoption: Widely used in DeFi, exchanges, and cross-border payments.
FAQs About USDC
1. Is USDC safer than other stablecoins?
Yes, USDC is considered highly secure due to its full reserve backing and regular third-party audits.
2. Where can I buy USDC?
👉 Buy USDC instantly on trusted platforms with low fees.
3. How does USDC stay pegged to $1?
USDC’s reserves are held in cash and short-term U.S. Treasury bonds, ensuring liquidity and stability.
4. Can USDC be used for investments?
While primarily a stablecoin, USDC earns yield in DeFi protocols and savings accounts.
5. What happens if USDC loses its peg?
USDC has historically maintained its peg due to transparent reserves and quick redemption mechanisms.
6. Is USDC available on multiple blockchains?
Yes, USDC operates on Ethereum, Solana, Avalanche, and other major networks for flexibility.
Why USDC Stands Out
USDC’s stability, regulatory compliance, and integration across platforms make it a top choice for traders and institutions. Whether you’re hedging against volatility or moving funds efficiently, USDC delivers unmatched reliability.
👉 Explore USDC’s latest updates and trading pairs to optimize your crypto strategy.