USDC Market Cap: Complete Guide to Valuation and Reserve Backing
- USDC market cap exceeds $73 billion, ranking it as the sixth-largest cryptocurrency globally.
- Every USDC token is backed 1:1 by US dollars held in reserves consisting of cash and short-term US Treasury Securities.
- Circle publishes monthly independent attestations by Grant Thornton verifying full reserve backing for all circulating USDC.
- BNY Mellon serves as primary custodian while BlackRock manages USDC reserves through the Circle Reserve Fund.
- USDC maintains price stability near $1.00 with daily trading volume reaching $14-15 billion across global exchanges.
- Market cap growth reflects increasing institutional adoption and expanding use cases in DeFi, payments, and cross-border transactions.
What Is USDC Market Cap and How It Works
USDC Market Cap Growth and Historical Trends
USDC Market Cap Reserve Backing and Transparency
Current USDC Market Cap and Trading Volume
FAQ
Conclusion
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