TagsFiat-backed StablecoinU.S. Dollar StablecoinCentralized Issuer
USDC in numbers
USDC ranks #6 by market capitalization, at $72.99B. It belongs to the Stablecoins sector (Fiat-backed Stablecoin). It has traded since Sep 27, 2018, across 9,916 markets on 172 exchanges, with $22.10B of volume in the last 24 hours. Its all-time high of $1.09 was reached on Oct 15, 2018; the current price is 8.4% below that peak. Its cycle low of $0.885437 came on Mar 11, 2023.
70.42B USDC are in circulation. Development data lists 11 core developers and 6,835 code commits. On Base, 12.03M addresses hold USDC. It is available on 44 networks.
About USDC
Circle is a financial technology company focused on enabling seamless, instant, and low-cost money movement using blockchain-based stablecoins. Its primary products include USDC (a regulated, fully-backed digital dollar), EURC (a digital euro), and USYC (an institutional-grade tokenized money market fund). Circle also offers the Circle Payments Network, which allows financial institutions to process global stablecoin payments, and Circle Mint for minting, redeeming, and managing USDC at scale. Additional services include digital wallets, smart contract templates, cross-chain transfer protocols (CCTP), and Paymaster for gas fee payments in USDC. Circle is licensed and regulated in multiple jurisdictions, ensuring compliance and security for its users.