USDC Holds Firm Near Dollar Peg Amid Rising Trading Activity
$USDC continues to trade close to its intended one-to-one peg with the US dollar, currently priced at $0.9997 with no change over the past 24 hours. Ranked #6 by market capitalization, USDC maintains a strong market cap of $76.75 billion, highlighting its importance in the global stablecoin market. Despite stable pricing, USDC has seen a sharp rise in trading activity, with 24-hour volume climbing to $10.68 billion, marking a 43.21% increase.
The circulating supply of USDC stands at 76.77 billion tokens, matching its total supply, with no fixed maximum cap. USDC is widely used across centralized exchanges, decentralized finance platforms, and blockchain-based payment systems. Its transparency, regular reserve attestations, and regulatory-focused structure make it a trusted stablecoin for both retail users and institutions.
Traders often rely on USDC during periods of market volatility to preserve value while maintaining liquidity. With broad blockchain support and deep market integration, USDC continues to play a vital role in crypto trading, remittances, and on-chain settlements, reinforcing its position as a core component of the digital finance ecosystem.
Visit- cryptodisplay.io
