
What is USD Coin?
USDC is a digital stablecoin pegged to the value of the US dollar. To maintain its fiat-peg, the cryptocurrency is backed by fully reserved USD assets with an exchange rate of 1:1. One USDC should be equal to one real US dollar.
Launched in 2018, the stablecoin was created by Circle, a crypto finance company owned by Centre, with accompanying support from Coinbase. The token was originally built on the Ethereum blockchain, and as such was developed as an ERC20 token. However, it has now expanded to the Solana and Algorand blockchains. The parent company, Centre, is regulated by the Money Services Business and FinCEN in the US, with regular auditing taking place.
USDC can be traded and exchanged like any other cryptocurrency. Instead of cryptocurrency investors transferring funds back into fiat currency, Circle states that USDC allows users to transfer assets to a stablecoin that offers a 1:1 relationship with the US dollar. Stablecoins aim to be a calmer entry and exit platform to the sometimes volatile world of cryptocurrencies.
USD Coin (USDC) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $43,179,263,059. The current price of USD Coin is $1, which is 0.203% higher than yesterday. Prices have ranged between $1.004 and $0.997128 over the past 24 hours. All prices are listed in US dollars and accurate as of January 27, 2023 05:01 UTC.
Recent USD Coin developments
February 2022: The war between Russia and Ukraine resulted in a significant volume increase for USDC, with 44% of all trades on the Ukranian cryptocurrency exchange comprising either USDC or USDT. This spike was largely due to the economic implications of the invasion negatively affecting the value of Ukranian and Russian fiat currencies.
:
USD Coin (USDC) price
Use our graph to track the performance of (USDC) over time.USD Coin at a glance
Coin symbol | USDC |
---|---|
Coin Marketcap | US$43,179,263,059 |
Total USDC supply | 43,427,679,350 |
Circulating USDC | 43,189,354,731 |
Current price | US$1 |
All time high | US$1.17 |
All time high date | May 08, 2019 |
Notable team members | Jeremy Allaire, Sean Neville, Brian Armstrong |
Partnerships | Visa, Ripio |
Industry | Stablecoins |
Token uses | Stablecoin |
Network | Ethereum, Binance Smart Chain, Solana and others |
USD Coin price performance over time
Historical prices compared with the price of US$1.
1 hour | -0.01% |
---|---|
24 hours | 0.20% |
7 days | -0.01% |
14 days | 0.04% |
30 days | 0.05% |
---|---|
60 days | -0.11% |
200 days | -0.02% |
1 year | -0.05% |
Usd-coin in the news

FTX Execs Maxed Out Donations to Rep. George Santos

Crypto tax unicorn CoinTracker lays off 19 employees, citing industry gloom, ‘over-hiring’

Elon Musk Maintains Push for Dogecoin ($DOGE) to Be Accepted at McDonald’s
Disclaimer: Cryptocurrencies, including USD Coin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of USDC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the USD Coin or any other cryptocurrency discussed.
More guides on Finder
-
Shiba Inu (SHIB) 2022價格預測
我們55名專家小組給了SHIB 2022年的價格預測
-
Solana (SOL) 2022年價格預測
我們55名專家小組給了Solana 2022年的價格預測
-
幣安幣 Binance Coin (BNB) 2022 價格預測
2022年幣安幣(BNB)價格預測、預報和分析報告
-
How to buy Terra Luna Classic (LUNC) in Hong Kong
This guide provides step-by-step instructions on how to buy Terra Luna Classic, lists some exchanges where you can get it and provides daily price data on (LUNC).
-
Terra Luna Classic (LUNC) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Terra Luna Classic, lists some exchanges where you can get it and provides daily price data on LUNC.
-
ADAPad (ADAPAD) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy ADAPad, lists some exchanges where you can get it and provides daily price data on ADAPAD.
-
Paribus (PBX) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Paribus, lists some exchanges where you can get it and provides daily price data on PBX.
-
Fodl Finance (FODL) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Fodl Finance, lists some exchanges where you can get it and provides daily price data on FODL.
-
JET (JET) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy JET, lists some exchanges where you can get it and provides daily price data on JET.
-
Nominex (NMX) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Nominex, lists some exchanges where you can get it and provides daily price data on NMX.
Ask an Expert