| Contract | 0xa0b86...606eb48 Verify address w/ multiple resources & DYOR |
|---|---|
| Blockchain | |
| Categories | |
| Website | https://www.circle.com/ |
| Community |
USD Coin Price (USDC)
USDC Daily Performance
Today's USD Coin price is $1.0098, which is up <1% over the last 24 hours. USD Coin's market cap is $32.84B. 24 hour USDC volume is $449.64M. It has a market cap rank of 5 with a circulating supply of 32,523,024,153. USD Coin is traded on exchanges. USD Coin had an all-time high of $1.4529 5 months ago. Over the last day, USD Coin has had 0% transparent volume and has been trading on 11,745 active markets with its highest volume trading pairs being .
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USD Coin Statistics
| USD Coin Price (24hr) | $1.0098 (+0.49%) |
|---|---|
| Market Cap | $32.84B (-0.53%) |
| Trading Volume (24hr) | $449.64M (-6.16%) |
Transparent Vol. (24hr) | Unknown |
| Transparency Grade | Unknown |
| Circulating Supply | 32,523,024,153 |
| All-Time High | $1.4529-30.50% |
7D Price Prediction | N/A |
Price
$1.0098All-Time High
$1.4529Market Cap
$32.84BCirculating Supply
32,523,024,153About USD Coin
USD Coin (USDC) is an asset-backed stablecoin pegged to the US dollar at a 1:1 ratio. Each USD Coin is collateralized with a US dollar that is held in regulated financial institutions which are monitored and audited on a monthly basis. USDC is an alternative to other US dollar-backed cryptocurrencies like Tether (USDT) and TrueUSD (TUSD).
USDC was created and launched in September 2018 by CENTRE, an open-source consortium developing a decentralized network of fiat stablecoins. CENTRE was co-founded in 2017 by Circle and Coinbase. (Circle is a peer-to-peer payments technology company founded by Jeremy Allaire and Sean Neville in October 2013 and Coinbase is a popular cryptocurrency exchange founded in June 2012 by Brian Armstrong and Fred Ehrsam.) The goal of CENTRE is to develop price-stable cryptoassets, handle governance, and create network protocols for USDC and other fiat-backed stablecoins.
Unlike other stablecoins which only have one issuer, USDC is designed to have multiple issuers as more organizations join the CENTRE consortium. The technology and governing framework are developed by CENTRE but organizations can issue the token. Circle and Coinbase are the first commercial issuers of USDC.
In June of 2019, the CENTRE consortium was officially open for others to join. By becoming a member of the CENTRE network, institutions agree to CENTRE’s operating rules and are given the right to issue and redeem USDC.
CENTRE requires issuers of USDC to regularly report their USD reserve holdings. Each month, an independent accounting firm (Grant Thornton LLC) audits the US dollar reserves held in regulated and licensed financial institutions to confirm that the US dollar reserves do in fact back the USDC tokens in circulation. The monthly attestation reports are published on the CENTRE website.
USDC is an ERC-20 token issued on the Ethereum blockchain and can be stored in any Ethereum wallet.
Read MoreUSD Coin Markets
(Top 10)USD Coin Historical Data
(Past 7 Days)Frequently Asked Questions
Today's USDC / USD Coin News for March 31, 2023
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