More and more wallets, exchanges, platforms, app providers and service providers are joining us to support USD Coin. An open source, smart contract-based stablecoin True financial interoperability requires a price stable means of value exchange. A fiat to blockchain solution As more goods and services are tokenized, smart contract platforms will become fundamental building blocks of value exchange.
View developer resources. Financially transparent Centre stablecoins are issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. See attestation reports. Founding members. Join the community. Service providers Service providers These reserve bank partners and compliance organizations ensure USDC checks and balances.
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About USD Coin. Digital fiat. USDC price. There is no maximum or total supply of USD coin, as new tokens are issued based on demand. How does USD coin work? Key events and management. Previously Aired. Community Crypto. Watch CoinDesk TV. USD Coin Price. All Time High. Returns YTD. Total Supply. Max Supply. Twitter Sentiment.
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There is no maximum or total supply of USD coin, as new tokens are issued based on demand. How does USD coin work? Key events and management. Previously Aired. Money Reimagined. Rethinking Securities Law in a Crypto Age. Watch CoinDesk TV. USD Coin Price. All Time High. Returns YTD. Total Supply. Max Supply. Twitter Sentiment. Trending Assets. Bitcoin Calculator. Crypto to FIAT. Crypto to Crypto. Go To Bitcoin Calculator. By Angelique Chen. Mar 24, at p. Mar 24, By Lyllah Ledesma Omkar Godbole.
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Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible. The Centre Consortium has two founding members. One of them is the peer-to-peer payment services company Circle, while the other is the Coinbase cryptocurrency exchange. Other crypto ventures are open to join this consortium. The goal of these enhancements is to make it easier for USD Coin to be used for everyday payments, commerce and peer-to-peer transactions.
The stablecoin market has become exceedingly crowded over recent years — but USD Coin has aimed to stand head and shoulders over competitors in several ways. To this end, it says a major accounting firm is tasked with verifying the levels of cash that are held in reserve, and ensuring this matches up with the number of tokens in circulation.
Unlike some crypto ventures, Circle and Coinbase have also achieved regulatory compliance — and this has helped pave the way for international expansion. Both projects are also well-funded, giving the stablecoin certainty. Coinbase briefly contemplated diversifying the funds backing USDC , but retracted that proposal after heavy community backlash.
The transparency over the provenance of its funds has been a big reason for USDC's success. What is a stablecoin? Detailed definitions for stablecoins in the CoinMarketCap glossary. CoinMarketCap Blog: Insightful analysis and features. New coins are created in line with demand, whenever someone wants to purchase one with their humble dollar.
That said, there have been factors that have helped USD Coin enjoy an explosion in popularity over the years — especially in One of them is the sudden, sharp rise in the popularity of decentralized finance. USDC is a common sight on many DeFi protocols given how it serves as an onramp to the wider ecosystem.
One of the biggest advantages here is how it can then be integrated with Ethereum-based applications. As we mentioned earlier, security and confidence in this stablecoin is delivered by proving that U. Rank 5. Market Cap. Fully Diluted Market Cap. Volume 24h. Circulating Supply. Max Supply. Total Supply. Buy Exchange Gaming Earn Crypto. USD Coin Links. Ethereum 0xa0b USD Coin Contracts. Solana EPjFWd Algorand Fantom 0x Polygon 0x TomoChain 0xcca KCC 0xa Moonriver 0xe3f
The live USD Coin price today is $ USD with a hour trading volume of $4,,, USD. We update our USDC to USD price in real-time. USD Coin is up. USD Coin is a digital stablecoin that is pegged to the United States dollar. USD Coin is managed by a consortium called Centre, which was founded by Circle and includes members from the cryptocurrency exchange Coinbase and Bitcoin mining company. USD Coin Price (USDC) ; Market Cap. $50,,, % ; Fully Diluted Market Cap. $50,,, % ; Volume. 24h. $3,,, %.