Bitcoin
Bitcoin$57 293.09

3.47%

Ethereum
Ethereum$3 464.89

2.61%

Binance Coin
Binance Coin$644.39

-0.84%

Dogecoin
Dogecoin$0.597200

-9.17%

XRP
XRP$1.65

13.16%

Tether
Tether$1.00

0.01%

Price predictions

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 $1.00
Change 24h 0.01%
Change 7d 0.01%
Market Cap $14 381 859 875
Available supply 14 380 157 844 USDC
Volume 24h $2 606 072 003
Updated Thursday, May 6, 2021 10:00:02AM UTC
Nature Coin
Mineable No
Discussion
WWW Website

USD Coin price change 24 hours

USD Coin Short Term Forecast

After Price Change
1 day $1.00 0%

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, $
Apr 27 1.00 0.999800 1.00 11 244 652 330
Apr 28 0.999900 0.999800 1.00 11 241 953 221
Apr 29 1.00 0.999800 1.00 11 241 791 542
Apr 30 0.999800 0.999800 1.00 14 378 253 218
May 01 1.00 0.999800 1.00 14 377 964 901
May 02 0.999800 0.999800 1.00 14 378 966 746
May 03 0.999900 0.999800 1.00 14 379 686 300
May 04 1.00 0.999800 1.00 14 377 440 544
May 05 0.999800 0.999800 1.00 14 380 460 215
May 06 1.00 0.999900 1.00 14 381 859 875

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 Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 73.6% 45 $57 293.09 3.47% 4.97% $1 071 447 017 521 $67 520 486 370
2 Ethereum (ETH) ETH Ethereum predictions 64.8% 72 $3 464.89 2.61% 25.37% $401 094 652 423 $44 993 174 492
3 Binance Coin (BNB) BNB Binance Coin predictions 69.2% 60 $644.39 -0.84% 9.53% $98 870 441 632 $3 848 320 988
4 Dogecoin (DOGE) DOGE Dogecoin predictions 63.2% 77 $0.597200 -9.17% 91.35% $77 325 403 400 $30 306 920 982
5 XRP (XRP) XRP XRP predictions 70.8% 64 $1.65 13.16% 17.62% $74 775 621 170 $16 846 446 892
6 Tether (USDT) USDT Tether predictions 94% 1 $1.00 0.01% 0% $53 557 936 637 $186 374 361 910
7 Cardano (ADA) ADA Cardano predictions 75.6% 53 $1.57 17.27% 13.54% $50 239 821 927 $6 740 575 085
8 Polkadot (DOT) DOT Polkadot predictions 66.8% 70 $39.75 7.34% 16.33% $37 185 749 702 $3 368 051 771
9 Pundi X (NPXS) NPXS Pundi X predictions 78.8% 40 $0.123400 2 644.53% 2 584.47% $30 588 789 230 $371 549
10 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 70.4% 65 $1 351.78 24.98% 51.02% $25 317 625 627 $15 016 872 006
11 Litecoin (LTC) LTC Litecoin predictions 71.2% 51 $342.31 2.91% 32.88% $22 850 122 064 $11 263 606 410
12 UniSwap (UNI) UNI UniSwap predictions 68% 70 $42.11 -3.40% -0.96% $22 040 276 792 $1 242 199 980
13 Chainlink (LINK) LINK Chainlink predictions 67.6% 64 $47.78 -1.96% 31.39% $20 019 383 771 $3 299 793 958
14 USD Coin (USDC) USDC USD Coin predictions 91.6% 1 $1.00 0.01% 0.01% $14 381 859 875 $2 606 072 003
15 Stellar (XLM) XLM Stellar predictions 69.2% 66 $0.608900 12.82% 22.21% $14 023 192 798 $4 029 258 163

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.