USD Coin price today.
Get information about the price of USD Coin so you can make better buying or selling decisions
How the value of USD Coin evolves
The current ranking of USDC on the CoinMarketCap index is #5, with a market capitalization of $30,479,568,638 USD. Today, you can find USD Coin (USDC) available for purchase and sale on the CryptoMKT website with an updated quote, and you can also review charts with statistics that will show its behavior in recent weeks.
What is USD Coin?
USD Coin (USDC) is a stablecoin whose price is anchored at a 1:1 parity with the US dollar, thus avoiding volatility in its value. USD Coin is backed by dollar reserves held in a custodial bank account. The USDC price is dependent on fiat currency (traditional) and its exchange rate. It was launched in September 2018 and developed by the Centre Consortium, which includes Coinbase and Circle Internet Financial.
3 reasons to choose USD Coin
1
Stability
The price of USDC depends on fiat money, in this case, the US dollar, and its exchange rate, ensuring a stable value closely mirroring that of the US dollar.
2
Ethereum Compatibility
USD Coin is an Ethereum token, meaning it can be stored in a wallet compatible with this digital currency, expanding its usability within the blockchain ecosystem.
3
100% Backed
The Centre Consortium, which is behind this asset, guarantees that USD Coin is issued by regulated financial institutions, ensuring every USDC coin is fully backed by dollars, reinforcing its reliability and stability in the digital currency market.
