|USD Coin (USDC)||Buy USD Coin Now|
|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.|
|Change 7d||0.15%||Market Cap||$32 424 259 453|
|Available supply||32 400 005 349 USDC|
|Volume 24h||$3 665 747 579|
|Updated||Saturday, October 23, 2021 2:00:04AM UTC|
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.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 14||1.000147||0.999732||1.000176||32 804 852 178|
|Oct 15||0.999742||0.999390||1.000403||32 753 715 512|
|Oct 16||0.999239||0.999230||1.000064||32 769 618 416|
|Oct 17||0.999968||0.999562||1.000401||32 799 312 074|
|Oct 18||1.000299||0.999662||1.000720||32 697 109 729|
|Oct 19||1.000058||0.999673||1.000515||32 205 494 782|
|Oct 20||0.999939||0.999657||1.000399||32 356 413 441|
|Oct 21||0.999590||0.999571||1.000411||32 300 844 725|
|Oct 22||1.000118||0.999644||1.000267||32 390 424 028|
|Oct 23||1.000334||1.000226||1.000749||32 424 259 453|
* 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.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||64%||76||$61 056.35||-2.51%||-0.46%||$1 150 999 990 859|
|2||ETH||Ethereum predictions||69.6%||57||$4 009.46||-2.36%||4.61%||$473 265 084 978|
|3||BNB||Binance Coin predictions||70.8%||60||$479.92||0.88%||1.61%||$80 051 754 192|
|4||ADA||Cardano predictions||91.6%||12||$2.15||-0.21%||-2.98%||$70 885 007 936|
|5||USDT||Tether predictions||93.2%||1||$1.000508||0.02%||0.14%||$69 609 442 841|
|6||SOL||Solana predictions||70.4%||55||$196.64||-2.45%||24.12%||$59 155 416 829|
|7||XRP||XRP predictions||72%||51||$1.090791||-0.88%||-4.02%||$51 208 670 805|
|8||DOT||Polkadot predictions||63.2%||79||$44.15||1.47%||0.67%||$43 605 026 730|
|9||USDC||USD Coin predictions||91.2%||1||$1.000749||0.06%||0.15%||$32 424 259 453|
|10||DOGE||Dogecoin predictions||74%||56||$0.244474||-0.06%||2.77%||$32 221 792 271|
|11||LUNA||Terra predictions||70%||65||$43.34||4.27%||17.21%||$17 406 378 575|
|12||UNI||UniSwap predictions||74.4%||47||$25.67||-2.97%||-0.53%||$15 701 933 926|
|13||AVAX||Avalanche predictions||68.8%||65||$66.95||5.30%||19.42%||$14 748 224 656|
|14||WBTC||Wrapped Bitcoin predictions||66%||75||$61 042.43||-2.67%||-0.50%||$13 496 055 788|
|15||LTC||Litecoin predictions||72.8%||57||$193.17||-2.73%||1.45%||$13 291 715 544|
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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...
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...
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