USD Coin (USDC) —Current Market Update
USDC continues to trade very close to its $1 peg, maintaining stability and strong liquidity amid broader crypto market fluctuations.
Current Snapshot:
Price: ~$0.999 – $1.00
Market Cap: ~$75–78 Billion
24H Trading Volume: $10B+
Market Rank: Top 10 crypto assets
USDC is a fully backed stablecoin, supported by cash and short-term U.S. Treasury securities, with regular reserve transparency provided by its issuer, Circle.
Key Development:
Visa has expanded the use of USDC for bank settlements in the United States, enabling faster, on-chain settlement and signaling increased institutional adoption of regulated stablecoins.
Market Insight:
USDC remains widely used as a capital-preservation and trading asset, especially during volatile market conditions, and continues to play a central role in exchange 💱 liquidity and payment infrastructure.
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