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Cryptocurrencies/Coins/USD Coin (USDC)
USD Coin price, market cap on Coin360 heatmap

USD Coin(USDC)

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$1.0005
(0.06%)
0.00001486 BTC
Market Cap (Rank#6)
$33,951,699,192
504,190 BTC
Vol 24h
$1,817,099,446
26,984 BTC
Circulating Supply
33,935,691,251.19
Max Supply
?
9 days agonulltx
Cyber Alert: Suspicious Transactions Involving @DoughFina Confirmed, AAVE Pools Unaffected
A recent cyber alert has detected multiple suspicious transactions involving the @DoughFina account. Following communication with the AAVE team, it has been confirmed that AAVE pools remain unaffected by these activities. The attacker, who was funded through Railgun, managed to swap all the stolen $USDC into $ETH, resulting in a […]
11 days agonulltx
Stablecoins: The Cornerstone Of The DeFi Ecosystem
Stablecoins have become a crucial element in the DeFi ecosystem, offering much-needed stability and liquidity. Recent data from @intotheblock underscores their growing influence. Leading stablecoins such as USDT, USDC, and DAI are witnessing substantial market cap growth, with USDT exceeding the $100 billion mark. This surge highlights their widespread adoption […]
21 day agocoindesk
Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.
26 days agonulltx
Dogwifhat ($WIF) Maintains Stability Above $2 Mark As Largest Holder Increases Stake
Dogwifhat ($WIF) has successfully maintained a trading price above the $2 mark today. According to recent on-chain reports, the largest holder of $WIF has made significant moves to increase their holdings. Eight hours ago, this whale spent 4.65 million $USDC to purchase 2.3 million $WIF at a price of $2.03 […]
42 days agonulltx
Whale Loses $283K In ENA Token Trade, Highlighting Risky Timing In Crypto Investments
A notable cryptocurrency whale recently experienced a significant loss trading ENA tokens. Six days ago, just before the price of ENA rose above $1, the whale invested 1.6 million USDC to acquire 1.62 million ENA tokens. However, the market turned against them. With the price dropping 23% over the past […]
81 day agocoindesk
Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.
88 days agocoindesk
Stripe Brings Back Crypto Payments Via USDC Stablecoin
Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin.
95 days agonulltx
Ethereum ICO Participant Sells 2,000 ETH As Tether Treasury Prepares To Mint More USDT
Recent on-chain reports reveal significant activity in the Ethereum ecosystem, with Ethereum ICO participant 0xc33/0xe6d making a notable sale of 2,000 ETH for 5.995M USDC at an average price of $2,997 over the past few hours.  This participant, who received 33,213 ETH during the Ethereum Genesis ICO on July 30, […]
102 days agocoindesk
Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC
Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.
109 days agocoindesk
Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company.
125 days agocoindesk
BlackRock Creates Tokenized Asset Fund, SEC Filing Shows
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
125 days agocoindesk
Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions
The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.
137 days agocoindesk
Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
138 days agocoindesk
Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.
146 days agocoindesk
Stablecoin USDC Is Making a Comeback: Coinbase
Total market cap of the dollar-linked coin has increased faster than larger rival USDT's in recent months.
167 days agocryptodaily
GMoney Borrows $1M USDC Against Iconic CryptoPunk 8219
Renowned NFT collector GMoney has taken a seven-figure loan, borrowing $1 million USDC against one of the rarest assets in the PFP (Profile Picture) collection, CryptoPunk 8219.
169 days agocryptodaily
TRON (TRX) Investors Moveæ large amounts of capital into Kelexo (KLXO) presale as USD Coin (USDC) Holders also see huge potential
In the crypto landscape, TRON (TRX) faces resistance, while USD Coin (USDC) adapts to new fees.
174 days agocryptopotato
App-Specific Rollup Cartesi Announces A $1 Million Ecosystem Grants Initiative
[PRESS RELEASE – New York City, United States, January 30th, 2024] Developers can receive up to $50,000 USDC per project, plus dedicated tech support, introduction to accelerators and investors, marketing support and project consulting. Cartesi (CTSI), an app-specific rollup protocol with a virtual machine that runs Linux distributions, announced today an allocation for $1 million […]
174 days agocryptodaily
Why DeeStream (DST) is predicted to be the best investment of 2024 as Tether (USDT) and USD Coin (USDC) holders join
Stablecoins play a crucial role in the ever-changing world of crypto as a bridge between traditional and decentralized finance.
174 days agocryptopotato
Important Coinbase Update Regarding Some Clients
Coinbase will charge for net USDC to USD conversions over $75M, except for Coinbase Prime clients with assets over $500M.
180 days agocryptodaily
Presale opportunity making big waves in the market - Kelexo (KLXO) signs up over 1000 users in 24 hours, as Cardano (ADA) & USD Coin (USDC) investors pour in
The cryptocurrency market is buzzing with excitement as investors closely watch the dynamic shifts in Cardano (ADA) and USD Coin (USDC) prices.
184 days agocryptopotato
USDC Wallet Growth Soars 59% Despite Headwinds: Circle
USDC's open technology is currently accessible on 15 different blockchains.
186 days agocryptodaily
eBay and Amazon are facing tough competition from new crypto start up Pushd (PUSHD). Tether (USDT) and USDC holders buy in
Pushd (PUSHD), a token in its presale phase, is building the first decentralized online marketplace
192 days agocryptopotato
US Financial Firms Prefer USDC to USDT: CryptoQuant Founder
Financial firms in the U.S. are “not too comfortable” with USDT and would rather worldwide crypto users execute their stablecoin transactions in USDC.

About USD Coin?

The live price of USD Coin (USDC) today is 1.0005 USD, and with the current circulating supply of USD Coin at 33,935,691,251.19 USDC, its market capitalization stands at 33,951,699,192 USD. In the last 24 hours USDC price has moved 0.001038 USD or 0.00% while 1,807,262,592 USD worth of USDC has been traded on various exchanges. The current valuation of USDC puts it at #6 in cryptocurrency rankings based on market capitalization.

Learn more about the USD Coin blockchain network and how it works or follow the price of its native cryptocurrency USDC and the broader market with our unique COIN360 cryptocurrency heatmap.

Launched in October 2018 by the Centre Consortium, USD Coin (USDC) is a fiat-collateralized (fiat and equivalent instruments) stablecoin which is pegged to the US Dollar at 1:1 ratio. The Centre Consortium comprises two founding members: Circle, a global financial technology firm, and Coinbase, the widely-popular US-based cryptocurrency exchange. It is currently issued and made available on multiple blockchain networks.

Like other major stablecoins, USDC’s main aim is to serve a couple of important purposes – one, to provide a stable means of value storage during volatile market conditions and two, to offer easy conversion between digital and fiat currency. 

Unlike its counterparts like USDT and UST, USDC coin has eluded controversy. In fact, transparency and strong governance are believed to be the two major advantages USDC coin has over competitors. Its issuers are fully licensed and regulated financial institutions that are required to maintain reserves equal to the number of USDC coins in circulation and must report their holdings on a regular basis. Grant Thornton LLP, a prominent accounting firm issues monthly reports in this regard.

USDC price

Being a stablecoin, USDC price is expected to maintain a stable $1 level at all times. That said, just like other stablecoins, USDC price is vulnerable to mild fluctuations, whenever there are noteworthy changes in the coin’s demand and supply. For instance, if the crypto market is in a bullish trend, everyone invests in speculative crypto assets and the demand for stablecoins like USDC goes down. The opposite happens in a bear market.

Nonetheless, barring a few exceptions, USDC price has managed to stay mostly in the vicinity of $1 ever since its launch. According to our USDC live price chart, the coin reached its all-time high of $1.17 on May 8, 2019, while its all-time low stood at $0.89 on May 19, 2021.

As USDC coins are minted and burnt on a continuous basis, there’s no specific total or maximum supply of these tokens. As a result, USDC’s market cap also keeps changing from time to time.

How USDC works

USDC is the first fiat-backed stablecoin launched by the Centre Consortium. It was initially launched on the Ethereum blockchain, as an ERC-20 token, and later on multiple blockchains. Users who wish to buy USDC directly from Centre, must use the web application or platform maintained by their licensed token-issuer. You can deposit fiat funds to the token issuer’s account, and the latter then executes a series of commands to mint USDC coins equivalent to the deposited funds. Once issued, you can use your USDC coins any which way you deem fit.

The redemption of USDC coins happens through a reverse process. The USDC coins are burnt by the licensed token-issuer, and the corresponding funds are credited back to your account from fiat reserves.

The non-controversial and transparent nature of USDC has given it plenty of success over the years, making it as of writing the second-largest stablecoin in the world, by market cap. USDC coin is used widely across the crypto industry today, including by well-known crypto exchanges, service providers, app developers and wallets.

USDC news, updates and highlights

In an important USDC news, the stablecoin received a major boost in Aug 2021, when Crypto.com, one of the top crypto exchanges in the world, enabled both USDC deposits and withdrawals on its platform. This was because of Crypto.com’s partnership with the USDC issuer, Circle.

According to a more recent USDC news shared on Circle's official website, USDC coin passed the $50 billion market cap for the first time since its launch on Jan 31, 2022. As a result, it came a step closer to USDT, the front-runner in the stablecoin marketplace. 

Frequently asked questions about USDC

  • Can I mine or stake USDC?

USDC can neither be mined nor staked. However, you can purchase USDC coins from a licensed USDC issuer or a crypto exchange.

  • Which are the best wallets for USDC storage?

Some of the top USDC wallets are Atomic Wallet, Guarda Wallet, MetaMask, Ledger, Exodus and Trust Wallet. You can find more on this page on Center’s official website.

  • What can you do with USDC coins?

You can use your USDC coins to pay for goods and services at various merchant establishments. USDC coins can also be traded for other popular crypto assets like BTC, ETH, ADA, SOL etc. USDC can be also be lent through a range of DeFi products, to earn yield.

  • Where can you buy USDC?

Retail users can easily buy USDC by selling typical crypto assets on reputable crypto exchange platforms like Binance, OKX and more.

USD Coin Price1.0005 USD
Market Rank#6
Market Cap33,951,699,192 USD
24h Volume1,817,099,446 USD
Circulating Supply33,935,691,251.19 USDC
Max SupplyNo data
Yesterday's Market Cap33,966,665,728 USD
Yesterday's Open / Close0.999862 USD / 1.0009 USD
Yesterday's High / Low1.0015 USD / 0.999318 USD
Yesterday's Change
0.00% ( 0.001038 USD )
Yesterday's Volume1,807,262,592 USD
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