USD Coin (USDC) | Buy USD Coin Now |
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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 | $1.000025 |
Change 24h | -0.03% |
Change 7d | 0% | Market Cap | $25 224 083 856 |
Available supply | 25 223 443 916 USDC |
Volume 24h | $2 617 112 487 |
Updated | Friday, September 29, 2023 8:00:05PM UTC |
Nature | Coin |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $1.000048 | 0% |
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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, $ |
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Sep 20 | 1.000016 | 0.999979 | 1.000287 | 25 959 625 251 |
Sep 21 | 1.000142 | 0.999810 | 1.000142 | 25 780 878 631 |
Sep 22 | 1.000002 | 0.999898 | 1.000375 | 25 760 311 980 |
Sep 23 | 1.000089 | 1.000022 | 1.000309 | 25 775 218 438 |
Sep 24 | 1.000017 | 0.999942 | 1.000151 | 25 781 278 386 |
Sep 25 | 1.000107 | 0.999874 | 1.000273 | 25 660 610 185 |
Sep 26 | 1.000027 | 0.999982 | 1.000692 | 25 612 302 723 |
Sep 27 | 1.000141 | 0.999931 | 1.000759 | 25 486 830 485 |
Sep 28 | 1.000175 | 1.000003 | 1.000625 | 25 561 698 358 |
Sep 29 | 1.000105 | 0.999987 | 1.000627 | 25 224 083 856 |
* 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 | ![]() |
Bitcoin predictions | 96% | 2 | $26 928.47 | -0.71% | 1.47% | $525 089 762 777 | ||
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2 | ![]() |
Ethereum predictions | 94% | 3 | $1 665.19 | 0.42% | 4.57% | $200 215 397 562 | ||
3 | ![]() |
Tether predictions | 96% | 1 | $0.999859 | -0.02% | -0.02% | $83 264 814 922 | ||
4 | ![]() |
Binance Coin predictions | 94.8% | 2 | $215.67 | 0.18% | 2.40% | $33 180 858 234 | ||
5 | ![]() |
XRP predictions | 92.8% | 8 | $0.532033 | 4.66% | 3.39% | $28 363 921 577 | ||
6 | ![]() |
USD Coin predictions | 93.6% | 1 | $1.000025 | -0.03% | 0% | $25 224 083 856 | ||
7 | ![]() |
Lido stETH predictions | 91.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
8 | ![]() |
Wrapped TRON predictions | 85.2% | 26 | $0.089033 | 3.90% | 6.31% | $9 052 505 410 | ||
9 | ![]() |
Dogecoin predictions | 90.4% | 6 | $0.061973 | 0.87% | 0.88% | $8 751 141 540 | ||
10 | ![]() |
Cardano predictions | 90% | 7 | $0.249024 | -0.02% | 2.13% | $8 747 839 413 | ||
11 | ![]() |
Solana predictions | 86.8% | 18 | $20.25 | 2.78% | 4.53% | $8 360 680 712 | ||
12 | ![]() |
TRON predictions | 85.6% | 22 | $0.089574 | 3.69% | 7.57% | $7 978 844 652 | ||
13 | ![]() |
Toncoin predictions | 62.8% | 84 | $2.21 | -0.96% | -3.88% | $7 601 171 597 | ||
14 | ![]() |
Dai predictions | 94% | 1 | $0.999946 | -0.07% | 0.05% | $5 347 597 900 | ||
15 | ![]() |
Polkadot predictions | 93.2% | 7 | $4.08 | -0.14% | 1.68% | $5 010 206 612 |
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...
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)...
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...
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...
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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