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USD Coin (USDC) price, chart, coin profile and news

Find the latest USD Coin (USDC) price, coin profile, news and history to get you started with USD Coin trading and investing.

USD Coin
USDC- USD
$1.00
- $0.0003 ( - 0.03%)
STABLECOIN

USD Coin (USDC) is the 5th largest cryptocurrency in the world by market cap, valued at $42,297,226,892. The current price of USD Coin is $1, which is 0.010% higher than yesterday. Prices have ranged between $1.016 and $0.99709 over the past 24 hours. All prices are listed in US dollars and accurate as of February 01, 2023 12:02 UTC.

Usd Coin price chart

Price over the past month

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.

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Usd Coin recent updates

Mar
'22
The market cap for USDC topped $50 billion USD for the first time ever.
Feb
'22
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 at a glance

Basic stats for Usd Coin

#5
$42 B
43 B
43 B
Jeremy allaire
Sean neville
Brian armstrong
Visa
Ripio
Stablecoins
Stablecoin
Ethereum
Binance smart chain
Solana and others
Show all

Usd Coin performance over time

Usd Coin fundamental and technical analysis

Time frame
Movement
1 day
0.01%
1 week
0.16%
1 month
0.05%
2 months
0.03%
200 days
0.14%
1 year
0.06%
Show all

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

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