USD Coin (USDC) is a stable digital currency backed by the US dollar, managed by Centre, involving Circle, Coinbase, and Bitmain, not a central bank digital currency.
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USD Coin (USDC) is a digital stablecoin tied to the US dollar. Managed by the Centre consortium, which was established by Circle and includes members such as cryptocurrency exchange Coinbase and Bitcoin mining company Bitmain—an investor in Circle—USDC is issued by a private organization and should not be mistaken for a central bank digital currency (CBDC).
As of now, USDC is trading at 1.0001 USD, with a 24-hour trading volume of approximately 849.10M USD. The USDC to USD price is updated in real time. Over the past 24 hours, USDC has increased by 0.02%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 61.52B USD. Currently, there are 61 509 405 289.83022 USDC in circulation out of a maximum supply of 61 509 405 289.83022 USDC.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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