|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||0.01%||Market Cap||$55 814 989 943|
|Available supply||55 802 605 113 USDC|
|Volume 24h||$5 821 496 753|
|Updated||Friday, July 1, 2022 8:00:05AM 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, $|
|Jun 22||0.999920||0.999844||1.000649||55 875 516 805|
|Jun 23||1.000192||0.999897||1.000339||55 666 823 365|
|Jun 24||1.000264||0.999849||1.000401||55 801 992 729|
|Jun 25||1.000020||0.999906||1.000371||55 882 855 752|
|Jun 26||1.000124||0.999905||1.000544||55 895 033 644|
|Jun 27||1.000186||0.999947||1.000460||55 805 379 017|
|Jun 28||1.000125||1.000033||1.000507||55 807 849 605|
|Jun 29||1.000237||0.999925||1.000615||55 817 453 997|
|Jun 30||1.000276||0.999882||1.000591||55 812 664 690|
|Jul 01||1.000581||0.999924||1.000581||55 814 989 943|
* 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||53.6%||94||$19 601.45||1.08%||-6.16%||$374 035 671 245|
|2||ETH||Ethereum predictions||58.8%||91||$1 069.36||1.22%||-6.90%||$129 781 761 094|
|3||USDT||Tether predictions||92.8%||1||$0.998838||-0.01%||-0.05%||$66 155 226 088|
|4||USDC||USD Coin predictions||91.2%||1||$1.000222||0.01%||0.01%||$55 814 989 943|
|5||BNB||Binance Coin predictions||59.6%||84||$222.98||5.98%||-3.62%||$36 406 780 076|
|6||BUSD||Binance USD predictions||90.8%||1||$1.001650||0.21%||0.09%||$17 576 185 471|
|7||ADA||Cardano predictions||62%||77||$0.456735||1.28%||-7.20%||$15 498 880 430|
|8||XRP||XRP predictions||66.4%||72||$0.318666||0.10%||-14.11%||$15 405 296 738|
|9||SOL||Solana predictions||62%||74||$33.22||4.79%||-13.37%||$11 402 674 515|
|10||DOGE||Dogecoin predictions||63.6%||76||$0.066230||1.84%||1.89%||$8 786 721 543|
|11||DAI||Dai predictions||96%||1||$1.000583||0.09%||0.06%||$6 781 768 129|
|12||DOT||Polkadot predictions||64.4%||72||$6.79||0.01%||-14.24%||$6 708 513 693|
|13||TRX||TRON predictions||55.2%||91||$0.065271||2.22%||1.89%||$6 037 017 196|
|14||LEO||UNUS SED LEO predictions||74.8%||55||$6.05||2.00%||4.28%||$5 770 009 473|
|15||SHIB||SHIBA INU predictions||64%||71||$0.000010||2.69%||0.29%||$5 612 816 170|
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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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