USD Coin
USDCWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$0.999721
24 Hour % Change
-0.04%
Market Cap
$4.42B
Volume (24h)
$1.95B
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.996955
24 Hour High
$1.00
Net change
$-0.000405
24 Hour Open
$0.999962
All time high
$1.17
Total Supply
4.42B
Returns (24H)
-0.04%
Returns (YTD)
-0.12%
Volatility (30d)
0.03
Transaction Count (24h)
46,680
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
$2.05B
About USD Coin
Category
Stablecoin
Value proposition
Digital fiat
U.S. Dollar Coin, or USDC, is an Ethereum-based stablecoin launched in September, 2018. Its policies, including its technical and financial standards, are managed by a consortium called CENTRE, started by peer-to-peer payment company Circle and crypto exchange Coinbase. USDC represents fiat, or government money, on the blockchain. It is redeemable on a 1:1 basis for U.S. dollars, issued by regulated financial institutions and backed by fully reserved assets which are audited by accounting firm Grant Thornton LLP every month. USDC can be easily moved across various cryptocurrency exchanges and platforms quickly which makes it a tool used by traders as well as investors in developing markets looking for a stable blockchain-based asset.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Crypto-Mania Resurrected
Dec 22, 2020
By Pater Tenebrarum The Investment Asset of the Century Makes yet another Comeback Even the most ardent cryptocurrency bulls are probably slightly slack-jawed at this juncture and can hardly believe it. To be sure, many people were undeterred by the vicious bear market that saw BTC melt down from just
Cryptocurrencies Cannot Be Killed
Dec 19, 2020
Investment Thesis In the face of climbing from one all-time high to another all-time high within a brief period, Bitcoin (BTC-USD) demonstrates that its pullbacks are short-lived and have proven to be excellent entry points. Furthermore, large investors like MicroStrategy (MSTR), MassMutual, and hedge funds are aggressively advancing into the
PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.
USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.
Dapper Labs–USDC Integration Helps NBA Collectibles Game Clear $2M in Revenue Since June
Sep 15, 2020
Gamemaker Dapper Labs is using Circle's dollar-backed stablecoin USDC as a global settlement solution for its non-fungible tokens (NFTs).