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
USD Coin is a stablecoin whose price is anchored at 1:1 parity with the US dollar, thus avoiding volatility in its value. It is backed in cash dollar reserves held in a bank account. It is a type of currency that depends on fiat (traditional) money and its exchange rate. USDC is an Ethereum token, so it can be stored in a wallet compatible with this digital currency. It was launched on the market in September 2018 and developed by the Center Consortium, made up of Coinbase and Circle Internet Financial.
3 reasons to choose USD Coin
1
Stablecoin
All USDC tokens are pegged 1:1 with US Dollar at all times, preventing cryptocurrency volatility.
2
Treasury Backed
USDC is fully backed by cash, equivalents and short-duration U.S. Tresuries
3
Compliance
Each month, USDC publish attestation reports by Grant Thorton regarding the reserve balances backing USDC.
