Bitcoin
BTC$36 221.06

-2.99%

Ethereum
ETH$2 414.43

-1.84%

Tether
USDT$1.000716

0.02%

Binance Coin
BNB$368.16

-3.30%

USD Coin
USDC$0.999993

-0.05%

Cardano
ADA$1.049679

0.84%

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 $0.999993
Change 24h -0.05%
Change 7d -0.03%
Market Cap $49 084 706 161
Available supply 49 085 035 192 USDC
Volume 24h $88 528 167 518 349
Updated Thursday, January 27, 2022 8:00:03AM UTC
Nature Coin
Mineable No
Discussion
WWW Website

USD Coin price change 24 hours

USD Coin Short Term Forecast

After Price Change
1 day $0.999638 -0.04%

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 18 0.999758 0.999717 1.000520 45 750 667 348
Jan 19 1.000076 0.999285 1.000673 46 059 036 016
Jan 20 1.000348 0.999329 1.000924 46 340 956 205
Jan 21 1.000400 0.999107 1.001039 42 778 215 636
Jan 22 1.000399 0.999262 1.000518 43 249 508 297
Jan 23 1.000031 0.999494 1.000920 47 651 516 680
Jan 24 1.000119 0.999266 1.000815 48 008 982 981
Jan 25 1.000311 0.999031 1.000650 48 567 720 880
Jan 26 1.000394 0.999303 1.000829 48 937 139 038
Jan 27 1.000000 0.999411 1.000516 49 084 706 161

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 72.8% 46 $36 221.06 -2.99% -13.86% $686 064 825 763 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 71.6% 57 $2 414.43 -1.84% -23.13% $288 112 201 953 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.2% 1 $1.000716 0.02% 0.04% $78 248 084 207 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 68% 65 $368.16 -3.30% -22.95% $60 788 563 476 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 90.8% 1 $0.999993 -0.05% -0.03% $49 084 706 161 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 68.8% 63 $1.049679 0.84% -23.02% $35 219 986 893 ADA 7 days price change
7 XRP (XRP) XRP XRP predictions 73.2% 49 $0.607404 -2.29% -18.61% $28 995 606 140 XRP 7 days price change
8 Solana (SOL) SOL Solana predictions 69.2% 63 $89.10 -5.67% -35.11% $28 064 342 302 SOL 7 days price change
9 Terra (LUNA) LUNA Terra predictions 67.6% 67 $58.47 -6.55% -28.94% $23 484 802 131 LUNA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 70.4% 64 $0.141356 -2.08% -14.15% $18 753 744 343 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 67.2% 69 $17.62 -5.50% -28.42% $17 399 544 470 DOT 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 67.6% 68 $63.26 -7.41% -25.24% $15 489 310 635 AVAX 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $0.998998 -0.15% 0.05% $14 526 773 505 BUSD 7 days price change
14 Polygon (MATIC) MATIC Polygon predictions 66.4% 72 $1.55 -2.17% -25.22% $11 572 347 692 MATIC 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66.4% 70 $0.000021 -3.34% -25.29% $11 375 375 737 SHIB 7 days price change

News, Promo

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
USDC
USDC is halfway to flipping PayPal

USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins. The co-founder and CEO of Circle, Jeremy Allaire, has made a bold...

07 Apr 2021

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