Bitcoin
BTC$23 195.66

-1.29%

Ethereum
ETH$1 649.37

-2.09%

Tether
USDT$1.000217

0.01%

Binance Coin
BNB$328.36

-0.90%

USD Coin
USDC$0.999942

-0.01%

XRP
XRP$0.404201

-2.02%

USD Coin (USDC) Price, Market Cap and Information


USD Coin (USDC) Buy USD Coin Now
USD Coin (USDC) USDC, or USD Coin, is a cryptocurrency that is a digital counterpart to the US dollar. It refers to the so-called stablecoins, coins, which exchange rate depends on the hard fiat currency.
CVIX 1
Current price $0.999942
Change 24h -0.01%
Change 7d -0.03%
Market Cap $41 988 565 849
Available supply 41 991 009 592 USDC
Volume 24h $2 667 843 839
Updated Sunday, February 5, 2023 2:00:08PM UTC
Nature Coin
Mineable No
Discussion
WWW Website

USD Coin price change 24 hours

USD Coin Short Term Forecast

After Price Change
1 day $0.999703 -0.02%

USD Coin Price Predictions

USD Coin General Information

General USDC facts, technical details and USD Coin Cryptocurrency information

USDC, or USD Coin, is a cryptocurrency that is a digital counterpart to the US dollar. It refers to the so-called stablecoins, coins, which exchange rate depends on the hard fiat currency. USD Coin is a classic representative of stablecoins. The main difference between these coins is that their fluctuations do not depend on changes in the exchange rate of other cryptocurrencies. In particular, they are not related to the Bitcoin exchange rate. Companies and individuals can deposit in US dollars and convert tokens into USD Coin.

True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.

 Then the cryptocurrency can be exchanged back to fiat, which will be credited to the bank account. And USD Coin is the latest of this type of cryptocurrency. It officially became available only in October 2018. USD Coin is a joint development of Circle cryptocurrency startup and Coinbase exchange, which merged into Center Consorsium for the new project. And they implemented the CENTER technology, launched on the basis of the Ethereum blockchain. The USDC value securing mechanism is fairly simple. Developers collaborate with licensed financial issuers that confirm cryptocurrency dollar parity.

As more goods and services are tokenized, smart contract platforms will become fundamental building blocks of value exchange. CENTRE’s open-source and transparent stablecoin framework allows fiat to interact with smart contracts, giving developers a viable way to use real world currencies in blockchain applications.

The main difference between USDC stablecoin and fiat currency is that when buying a dollar, a person is forced to sell it at a lower rate. In the case of this stablecoin, buying one coin, the user will give exactly one dollar. The price of the USD Coin token is very stable: it never fell below $1 and did not exceed the $1.1 mark. But market capitalization, although growing much faster than True USD, is clearly responding to the market background. Since the USDC is based on the ERC-20, all wallets that support this standard are suitable for storing it. There are all types of wallets for this stablecoin: browser, electronic, hardware, mobile, paper, cold and so on. You can also store the coin on the exchange, though this method is less secure than the rest.

CENTRE stablecoins are issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. Issuers are required to regularly report USD reserve holdings, and that information will be made available upon request.

USD Coin Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Jan 27 1.000011 0.999815 1.000262 43 084 974 265
Jan 28 1.000084 0.999787 1.000168 43 090 306 115
Jan 29 1.000181 0.999798 1.000201 43 086 610 890
Jan 30 1.000115 0.999739 1.000167 42 707 214 114
Jan 31 1.000097 0.999829 1.000220 42 408 987 413
Feb 01 0.999958 0.999773 1.000377 42 301 397 005
Feb 02 1.000107 0.999687 1.000254 42 390 628 602
Feb 03 0.999733 0.999733 1.000204 41 953 418 636
Feb 04 1.000066 0.999870 1.000155 41 953 890 327
Feb 05 0.999993 0.999600 0.999996 41 988 565 849

USDC/USD Price Charts

USDC to USD price chart – 7 days
USDC to USD price chart – 30 days
USDC to USD price chart – 60 days
USDC to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the USD Coin information, USDC Prices and USDC's Market Cap. For the most up-to-date prices please visit the USD Coin's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 62.4% 76 $23 195.66 -1.29% -1.50% $447 262 989 624 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 69.2% 57 $1 649.37 -2.09% 2.18% $201 839 732 133 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000217 0.01% 0% $68 079 422 781 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 79.6% 38 $328.36 -0.90% 4.32% $51 848 565 385 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $0.999942 -0.01% -0.03% $41 988 565 849 USDC 7 days price change
6 XRP (XRP) XRP XRP predictions 74.8% 42 $0.404201 -2.02% -1.97% $20 533 036 252 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 91.6% 1 $0.999723 -0.07% -0.02% $16 253 765 776 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 69.2% 64 $0.393348 -2.60% 1.16% $13 613 460 494 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 74.8% 51 $0.092617 -1.65% 3.10% $12 287 566 308 DOGE 7 days price change
10 Polygon (MATIC) MATIC Polygon predictions 68% 67 $1.21 -2.86% 1.52% $10 591 629 612 MATIC 7 days price change
11 Lido stETH (STETH) STETH Lido stETH predictions 92.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
12 Solana (SOL) SOL Solana predictions 56.8% 86 $23.67 -4.58% -3.57% $8 819 921 992 SOL 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 67.6% 73 $0.000014 1.35% 19.81% $7 914 712 336 SHIB 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 67.2% 66 $6.70 -4.41% 1.44% $7 726 491 964 DOT 7 days price change
15 HEX (HEX) HEX HEX predictions 70% 60 $0.041030 -11.76% 52.80% $7 114 999 412 HEX 7 days price change

News, Promo

USDC
USDC whale holdings percentage lowest in almost two years

USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets. The percentage of USD Circle (USDC) stablecoins...

23 Aug 2022
USDC
Crypto derivatives exchange Bitget to list USDC as collateral for margin trading

The Singapore-based crypto trading platform has inked a partnership with stablecoin issuer Circle. Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC)...

27 Jul 2021
USDC
Circle Reveals Assets Backing USDC Stablecoin

The majority of Circle's USDC stablecoin is backed by U.S. dollars, the company revealed on Tuesday. Circle, a global payments company, was one of USDC...

21 Jul 2021
USDC
Stablecoin growth could affect credit markets, rating agency warns

Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry. The growth of stablecoins that are not fully...

05 Jul 2021
USDC
USDC set to become dominant stablecoin on Ethereum

Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows. USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the...

01 Jul 2021
USDC
Coinbase will pay users 4% interest on USDC holdings

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Major cryptocurrency...

30 Jun 2021

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