Market Cap
24h Vol
2333
Cryptocurrencies
19846
Markets
USD Coin Rank 26
Website Twitter
421,615,954 USDC

USD Coin
USD Coin
USDC

USD Coin Price
$1.00

USD Coin 24h Vol
$97,297,641

USD Coin Market Cap
$422,351,617

24h Vol
8,269 BTC
1 H
0.05 %
24 H
0.07 %
7 d
-0.02 %
Today USD Coin price in US dollars is currently 1.00 USD, and if converted to Bitcoin is 0.00008513 BTC. A total of 35,893 coin's are currently circulating in the Market. USD Coin prices are currently experiencing a change of 0.07 %, check all cryptocurrency. Over the past 24 hours 0.973 M US dollars USD Coin has been traded on Crypto Exchanges. Get USD Coin's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
USD Coin
Symbol
USDC
Algorithm
ETH Token
BTC Price
0.00008513 BTC
BTC Market
35,893 BTC
BTC 24h Vol
8,269 BTC
Total Coins Mined
421,615,954 USDC
1h
0.05 %
24h
0.07 %
7d
-0.02 %
Twitter
Website
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Description

Description


USD Coin (USDC) is a fully collateralized US Dollar stable coin. It is built on the open source fiat stable coin framework developed by CENTRE, and Circle is the first of several forthcoming issuers of USDC.

USDC is designed to minimize price volatility and it does so by ensuring that every unit of USDC is only created when a corresponding US Dollar is deposited into a reserve bank account. Its major application at this point is as a mechanism for trading and hedging in global crypto capital markets. However, USDC is being adopted for use cases such as lending, payments, investments, and further applications within financial contracts such as derivatives contracts, insurance contracts, and security tokens.

Commercial issuers of USDC are required by CENTRE to be licensed to handle electronic money; have audited AML and Compliance programs that meet FATF standards; back all tokens on a fully reserved basis and provide monthly published proof of reserves attested to by certified public auditors; support fungible exchange and redemption of USDC tokens from other authorized issuer members; meet other reporting and review requirements established by CENTRE Note that as a fully collateralized stablecoin, the supply is determined by the USD deposits being taken on issuing services such as circle.com/usdc.

Recently, CENTRE announced that Coinbase is joining Circle as a founding member of CENTRE Consortium, and as part of this USDC is now available on Coinbase Pro and coinbase.com.

Full Name USD Coin (USDC)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://www.centre.io/usdc
Twitter @centre_io
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 421,615,954 USDC
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
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