- #6
USDC USDC
USDC Price
Market Cap
$33.41 BRank #6FDV
$33.45 BRank #9Investors
Twitter Followers
Twitter Performance
1633Rank by Twitter #338- 0
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Detailed Performance
USDC shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
USDC to USD Converter
Price History
- All-Time High
- $1.301.30x to ATH
- All-Time Low
- $0.87681.14x to ATL
- Trade Launch Date
- 8 Oct, 2018
2025 days ago
Exchanges
Exchanges type
About USDC
USD Coin (USDC) is a digital currency that operates as a stablecoin, meaning its value is pegged to the US dollar. It is issued by regulated and licensed financial institutions, such as Circle and Coinbase, that hold reserves of the equivalent fiat currency. USDC is built on various blockchain platforms, including Ethereum, Algorand, Arbitrum, Avalanche, Flow, Hedera, Solana, Stellar, and TRON. It is widely used for transactions, storing value, and as a unit of account in the cryptocurrency market. USDC is known for its transparency, regulatory compliance, and fast-growing adoption in the industry.
What makes USD Coin unique?
USD Coin (USDC) stands out from other cryptocurrencies for several reasons:
1. Stability: USD Coin is a stablecoin, meaning its value is pegged to the US dollar. This stability makes it a reliable store of value and a consistent unit of account, unlike many other cryptocurrencies that experience significant price volatility.
2. Regulation: USDC is a regulated cryptocurrency, issued by licensed and regulated financial institutions. This regulatory oversight provides users with a higher level of trust and confidence in the currency.
3. Full Reserves: The financial institutions that issue USDC maintain full reserves of equivalent fiat currency. This means that for every USDC in circulation, there is an equivalent amount of US dollars held in reserve, ensuring the currency's stability and backing.
4. Transparency: USDC operates on an open-source blockchain, allowing for transparency in its creation, operation, and auditing. Users can verify the reserves and transactions associated with USDC, enhancing trust and accountability.
5. Wide Compatibility: USD Coin is available on multiple blockchain platforms, including Ethereum, Algorand, Arbitrum, Avalanche, Flow, Hedera, Solana, Stellar, and TRON. This wide compatibility allows users to transact with USDC across different networks and ecosystems.
Overall, the unique combination of stability, regulation, full reserves, transparency, and compatibility sets USD Coin apart from many other cryptocurrencies in the market.
Live USDC Price Data
The current price of USDC (USDC) is approximately $1.00, reflecting a decrease of -0.08% in the last 24 hours. The USDC trading volume in the last 24 hours stands at $6.33 billion. USDC's market cap is currently $33.41 billion, accounting for about 1.41% of the total crypto market cap. The circulating supply of USDC is 33.44 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand USDC's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on USDC, check out our crypto insights page.
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USDC to USD Converter
Price History
- All-Time High
- $1.301.30x to ATH
- All-Time Low
- $0.87681.14x to ATL
- Trade Launch Date
- 8 Oct, 2018
2025 days ago