1D
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USD Coin (USDC)USDC
$0.999464
-0.07%
USD Coin (USDC)
USDC Price
$0.999464
-0.07%
Rank
#5
Market Cap (24H)
$42.80B
-0.44%
Volume (24H)
$2.76B
5.50%
Circulating Supply
42,824,134,560
Transp. Vol.
Grade
1H1D1W1M1Y
-0.07%
ETH0xa0b86...606eb48
ETH
Verify address & DYOR
Contract
ETH0xa0b86...606eb48
ETH
Verify address w/ multiple resources & DYOR
Blockchain
Categories
Websitehttps://www.circle.com/
CommunityTwitterGithubMedium
USD Coin (USDC) is an asset-backed stablecoin pegged to the US dollar at a 1:1 ratio. Each USD Coin is collateralized w...Read more

USD Coin Price (USDC)

USDC Daily Performance

Today's USD Coin price is $0.999464, which is down <1% over the last 24 hours. USD Coin's market cap is $42.80B. 24 hour USDC volume is $2.76B. It has a market cap rank of 5 with a circulating supply of 42,824,134,560. USD Coin is traded on exchanges. USD Coin had an all-time high of $1.4593 about 1 month ago. Over the last day, USD Coin has had 0% transparent volume and has been trading on 10,644 active markets with its highest volume trading pairs being .

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USD Coin Statistics

USD Coin Price (24hr)$0.999464 (-0.07%)
Market Cap$42.80B (-0.44%)
Trading Volume (24hr)$2.76B (+5.50%)
Transparent Vol. (24hr)
Unknown
Transparency GradeUnknown
Circulating Supply42,824,134,560
All-Time High
$1.4593-31.51%
7D Price Prediction
N/A

Price

$0.999464
Price Change
-$0.000736 (-0.07%)

All-Time High

$1.4593
Date of ATH
Days Since ATH
% of ATH68.49%
Price vs ATH

Market Cap

$42.80B
Mkt Cap Change
-$190.13M-$190,127,838 (-0.44%)
Mkt Cap Rank5
Mkt Dominance
Mkt Dominance

Circulating Supply

42,824,134,560
Max Supply
% in Circulation

About 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.

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USD Coin Markets

(Top 10)
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USD Coin Historical Data

(Past 7 Days)
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Frequently Asked Questions

  • What’s the current USD Coin price? How much is 1 USD Coin worth?

    The price of 1 USD Coin is $0.999464. Over the last 24 hours, a USD Coin is worth -0.07% less. Visit our currency converter page to convert USDC prices to currencies other than USD.
  • When did USD Coin start?

    The earliest trading data for USD Coin is on November of 2015 (based on current exchange data).
  • How high can the USD Coin price go?

    USD Coin’s price has gone as high as $1.4593 (which is USDC’s all-time high). It achieved this price about 1 month ago. Speculations abound for how high USD Coin’s price will get in the future.
  • What's the smart contract address for USD Coin?

    USD Coin's smart contract address is 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48.

Today's USDC / USD Coin News for December 7, 2022

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