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Price of USDC today

The live price of USDC is $1 per (USDC / USD) today with a current market cap of $41.09B USD. The 24-hour trading volume is $6.36B USD. USDC to USD price is updated in real time. USDC is 0.02% in the last 24 hours. It has a circulating supply of 41,089,094,000 .

What is the highest price of USDC?

USDC has an all-time high (ATH) of $2.35, recorded on 2021-11-16.

What is the lowest price of USDC?

USDC has an all-time low (ATL) of $0.8774, recorded on 2023-03-11.
Calculate USDC profit

USDC price prediction

When is a good time to buy USDC? Should I buy or sell USDC now?

When deciding whether to buy or sell USDC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget USDC technical analysis can provide you with a reference for trading.
According to the USDC 4h technical analysis, the trading signal is Strong buy.
According to the USDC 1d technical analysis, the trading signal is Strong buy.
According to the USDC 1w technical analysis, the trading signal is Buy.

What will the price of USDC be in 2025?

Based on USDC's historical price performance prediction model, the price of USDC is projected to reach $1.37 in 2025.

What will the price of USDC be in 2030?

In 2030, the USDC price is expected to change by 0.00%. By the end of 2030, the USDC price is projected to reach $1.27, with a cumulative ROI of +26.74%.

USDC price history (USD)

The price of USDC is +0.01% over the last year. The highest price of USDC in USD in the last year was $1 and the lowest price of USDC in USD in the last year was $0.9978.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.02%$0.9995$1
7d+0.02%$0.9982$1
30d+0.00%$0.9982$1
90d+0.01%$0.9982$1
1y+0.01%$0.9978$1
All-time-0.39%$0.8774(2023-03-11, 1 years ago )$2.35(2021-11-16, 3 years ago )

USDC market information

Market cap
$41,093,839,950.99
+0.02%
Fully diluted market cap
$41,093,839,950.99
+0.02%
Volume (24h)
$6,360,736,238.53
-16.71%
Market rankings
Circulation rate
100.00%
24h volume / market cap
15.47%
Circulating supply
41,089,094,000 USDC
Total supply / Max supply
41.09B USDC
-- USDC
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USDC ratings

Average ratings from the community
4.6
101 ratings
This content is for informational purposes only.

About USDC (USDC)

What Is USD Coin?

USD Coin (USDC) is a type of cryptocurrency known as a stablecoin. Stablecoins are a category of digital assets that maintain a stable value relative to a specific asset or a pool of assets. In the case of USDC, its value is pegged 1:1 with the United States Dollar. This means that each USD Coin token corresponds to one US dollar.

USD Coin was launched in September 2018 by CENTRE, a collaboration between cryptocurrency firms Circle and Coinbase. The goal of USD Coin is to bridge the gap between traditional financial systems and digital economies, bringing the benefits of both worlds together. By pegging USDC to the US dollar, the stablecoin ensures the stability of value, a trait that many cryptocurrencies lack due to their volatile nature.

In March 2023, following Circle's acknowledgment of a substantial US$3.3 billion cash reserve with Silicon Valley Bank, the value of its USDC stablecoin experienced a momentary depeg, dropping to 88 cents from its typical one-dollar valuation. The USDC depeg fear caused panic selling, and Binance and Coinbase both confirmed they would temporarily suspend USDC conversion in that period.

Resources

Whitepaper: https://f.hubspotusercontent30.net/hubfs/9304636/PDF/centre-whitepaper.pdf

Official website: https://www.centre.io/usdc

How Does USD Coin Work?

Each USD Coin is purportedly backed by an equivalent amount of US dollars held in reserve. These reserves are regularly audited to ensure transparency and trust in the system. When a user purchases USD Coins, the equivalent USD value is held in a reserve, and the user is issued an equivalent amount of USDC. Similarly, when someone wants to redeem USDC for USD, the coins are destroyed or 'burned', and the equivalent USD is released from the reserve.

USD Coin initially used the Ethereum blockchain, following the ERC-20 standard, which is widely accepted and compatible with many wallets and exchanges. This made it easy to integrate with the existing digital asset infrastructure.

Benefits of USD Coin

The primary benefit of USD Coin is its price stability, as it is pegged to the US dollar. This makes it an attractive asset for those who want to avoid the price volatility often associated with other cryptocurrencies. Moreover, as a digital token, USDC can be transferred globally almost instantly, making it a useful tool for remittances and global transactions.

Additionally, the stable nature of USDC makes it a key player in the burgeoning DeFi (Decentralized Finance) ecosystem. It serves as a predictable asset for lending and borrowing platforms, as well as a stable medium of exchange in decentralized exchanges.

Understanding the Factors that Affect USD Coin Price and Current Value

Understanding the factors that influence USD Coin price is essential for both investors and traders in the cryptocurrency market. USD Coin (USDC) is a stablecoin, which means its current value is pegged 1:1 to the United States Dollar (USD). This pegging mechanism primarily governs the USD Coin current value.

The Stability of USDC to USD Exchange Rate

Unlike other cryptocurrencies that are subject to high volatility, the USDC to USD exchange rate remains relatively stable. This stability is ensured by the issuer, CENTRE—a collaboration between Circle and Coinbase—which maintains a 1:1 reserve in U.S. dollars for every USDC token in circulation. Audits and regulatory oversight further support this stability, making USD Coin a reliable asset in the crypto ecosystem.

USD Coin Market Cap and 24h Volume

However, even stablecoins like USD Coin can experience moments of depegging. For example, in March 2023, the USD Coin value momentarily dropped to 88 cents due to Circle acknowledging a $3.3 billion cash reserve with Silicon Valley Bank. Such incidents can incite panic selling and result in temporary suspensions of USDC conversion on platforms like Binance and Coinbase. While the USD Coin market cap and USD Coin 24h volume may remain robust, external factors like reserve audits and market sentiment can still influence USD Coin value fluctuation.

USD Coin as an Investment and its Role in DeFi

Given its stable nature, many consider USD Coin a good investment for hedging against the volatility of other cryptocurrencies. It's also increasingly being used in decentralized finance (DeFi) protocols, contributing to its utility and demand.

Keeping an Eye on USD Coin Latest News and Price Analysis

Whether you're studying the USD Coin chart for price analysis or staying updated with USD Coin latest news, understanding these factors can provide a more comprehensive view of this stablecoin's role in the digital asset market.

Conclusion

In an evolving world where digital transactions are becoming the norm, USD Coin bridges the gap between the traditional finance world and the digital economy. Its stability, trust, and interoperability with the crypto economy and traditional finance position it as a powerful tool in the financial landscape. As more businesses and individuals adopt cryptocurrencies, stablecoins like USDC will play a vital role in this new digital economy.

Related Articles about USD Coin

What is USD Coin (USDC)?

How to buy USDC(USDC)

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Trade USDC perpetual futures

After having successfully signed up on Bitget and purchased USDT or USDC tokens, you can start trading derivatives, including USDC futures and margin trading to increase your income.

The current price of USDC is $1, with a 24h price change of +0.02%. Traders can profit by either going long or short onUSDC futures.

USDC futures trading guide

Join USDC copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or USDC tokens, you can also start copy trading by following elite traders.

FAQ

What is a stablecoin?

A stablecoin is a type of cryptocurrency that aims to keep its value stable. This is achieved by pegging its value to assets such as the U.S. dollar or gold. While traditional cryptocurrencies like Bitcoin can be highly volatile, stablecoins like USDC offer a more stable value.

What is USD Coin (USDC)?

USD Coin, or USDC, is a stablecoin that has its value pegged to the U.S. dollar. This means for every USDC in circulation, there's an equivalent U.S. dollar held in reserve. It combines the stability of the dollar with the benefits of cryptocurrency.

How is the value of USD Coin (USDC) maintained at US$1?

To ensure USDC maintains a value close to $1, there's a one-to-one reserve of U.S. dollars held by regulated financial institutions. Regular audits ensure that the amount of USDC in circulation matches the U.S. dollars held in reserve, which helps maintain its US$1 value.

Can the price of USD Coin (USDC) fluctuate?

In theory, USDC should always be worth US$1. However, due to market dynamics such as supply and demand, the price can fluctuate slightly above or below US$1 on cryptocurrency exchanges. For example, in March 2023, following Circle's acknowledgment of a substantial US$3.3 billion cash reserve with Silicon Valley Bank, the value of its USDC stablecoin experienced a momentary depeg, dropping to 88 cents from its typical one-dollar valuation. The USDC depeg fear caused panic selling, and Binance and Coinbase both confirmed they would temporarily suspend USDC conversion in that period. However, such fluctuations are usually short-lived, with mechanisms in the market working to stabilize any significant deviations.

Can I directly exchange USD Coin (USDC) for USD?

Yes, you can redeem USD Coin (USDC) for U.S. dollars through supporting platforms and financial institutions.

How can I use USDC?

USDC can be used in a variety of ways, similar to other cryptocurrencies. Some common uses include: - Trading on cryptocurrency exchanges. - As a form of payment for goods and services. - Transferring money across borders without traditional banking fees. - As a stable asset in decentralized finance (DeFi) platforms.

What is the current price of USDC?

The live price of USDC is $1 per (USDC/USD) with a current market cap of $41,093,839,950.99 USD. USDC's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. USDC's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of USDC?

Over the last 24 hours, the trading volume of USDC is $6.36B.

What is the all-time high of USDC?

The all-time high of USDC is $2.35. This all-time high is highest price for USDC since it was launched.

Can I buy USDC on Bitget?

Yes, USDC is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy USD Coin guide.

Can I get a steady income from investing in USDC?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy USDC with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy USDC (USDC)?

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Cryptocurrency investments, including buying USDC online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy USDC, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your USDC purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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USDC resources

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Bitget Insights

Wu Blockchain
Wu Blockchain
1d
The 1inch team has sold 1INCH token for the third consecutive day. In the past day, they have exchanged 5.217 million 1INCH for 2.815 million USDC. Since the 1inch team started selling 1INCH on the 5th, they have exchanged a total of 15.698 million 1INCH for 8.38 million USDC, with an average selling price of 0.533 US dollars.
THE-3.52%
USDC+0.04%
CryptoSatRed
CryptoSatRed
1d
🚀December 2024 Crypto Market Insights: Stability or Opportunity?🔍 The crypto market is buzzing with mixed performance over the last 30 days! Here’s a closer look at how some top coins and stablecoins are holding up: 🔥 Trending Highlights: 1. $NEIRO 🐾 Price: $0.001916 (▼ 17.09%) Market Cap: $805.94M A sharp drop! Could this be a "buy-the-dip" moment, or should we tread carefully? 2. $GOAT 🐐 Price: $0.77229 (▼ 4.42%) Market Cap: $773.65M A slight decline, but it’s still a top contender. Is GOAT aiming for a comeback? 3. $XAUt 🪙 (Gold-backed) Price: $2,635.85 (▼ 2.44%) Market Cap: $649.88M Gold remains resilient, even with minor losses. Is XAUt your hedge against market chaos? 4. $PAXG 💰 (Gold-backed) Price: $2,625.47 (▼ 2.31%) Market Cap: $519.76M Another stable gold-backed asset. Are we seeing the return of the "digital gold" narrative? 🛡️ Stablecoins to Watch: 5. $USDD Price: $0.9988 (▼ 0.24%) Market Cap: $740.30M Slightly under $1, but still a reliable choice for parking funds. 6. $FDUSD Price: $0.9994 (▼ 0.07%) Market Cap: $1.84B Holding strong despite market fluctuations. 7. $PYUSD Price: $0.9994 (▼ 0.04%) Market Cap: $499.67M Stability is key here—perfect for risk-averse holders. 8. $DAI Price: $1.0001 (0.00%) Market Cap: $5.37B No surprises here. DAI remains the gold standard of decentralized stability. 9. $USDC Price: $1.0000 (▲ 0.02%) Market Cap: $41.22B Tiny gains, massive trust. USDC continues to dominate the stablecoin game. 🐾 $POPCAT Price: $1.523 (▲ 0.03%) Market Cap: $1.50B A meme token with a steady climb—could POPCAT’s charm attract more buyers? 💡 What’s Your Take? Will NEIRO bounce back, or is the slide just beginning? Can GOAT live up to its name and reclaim its bullish momentum? With stablecoins staying steady, are you diversifying or playing it safe this month? Let’s hear your thoughts below!
PYUSD+0.10%
FDUSD-0.55%
RANDHAWA7822
RANDHAWA7822
1d
SynFutures
To further support emerging projects and cultivate a thriving on-chain derivatives ecosystem, SynFutures has allocated $1 million through the Perp Launchpad Grant. Individual projects can receive grants in the form of campaign support, liquidity provision, and trading incentives, as well as co-marketing and promotional support to activate new listings.SynFutures, a decentralized derivatives trading platform, has introduced its latest offering, the Perp Launchpad. This launch will expand access to perpetual futures markets in the DeFi space. With a $1 million grant program to support emerging token projects, the protocol will establish perpetual markets as a key element in DeFi, offering projects new opportunities for liquidity, visibility, and user engagement. SynFutures, the leading DeFi derivatives protocol, today announced its plans to expand to Base, Coinbase’s L2 network. To mark this milestone, SynFutures is launching “Meme Perp Summer,” a six-week campaign blitz aimed at expanding its community asset listings and rewarding the meme communities driving organic traction on Base. With a total rewards pool of 100,000 USDC and future airdrop allocations, this campaign underscores Synfutures’ commitment to fostering the growth of emerging token projects. $F
F-3.90%
SPACE-10.30%
Vic3ree
Vic3ree
1d
Overview of Trading on SynFutures
The platform is designed to support a wide range of assets, including cryptocurrencies, commodities, and stock indices, by creating synthetic versions of these assets How SynFutures Works Decentralized Trading: SynFutures operates as a decentralized exchange (DEX), meaning it uses blockchain technology and smart contracts to facilitate trades without a central authority. This setup enhances security and transparency while reducing trading costs. Synthetic Assets: The platform allows users to trade synthetic assets, which mimic the value of real assets without actually owning them. This is achieved through derivatives that replicate the price movements of the underlying assets Automated Market Maker (AMM): SynFutures employs an AMM mechanism to ensure liquidity is always available for trades. This system allows users to trade even during low market activity Trading Instruments: SynFutures supports trading of linear non-deliverable futures contracts. These contracts are defined by trading pairs and maturity, with the base asset being any asset with an available oracle and the quote asset being an ERC-20 token Leverage and Margin: Traders can use leverage up to 10x for any underlying asset, provided there is sufficient liquidity. The platform also features a shared margin system across different markets, enhancing margin efficiency Assets Traded on SynFutures Cryptocurrencies: SynFutures supports a variety of cryptocurrencies, including ETH, USDC, USDT, DAI, FRAX, wBTC, MATIC, and BNB as collateral for trading. Commodities and Indices: The platform also allows trading of synthetic versions of commodities and stock indices, providing exposure to these assets without physical ownership. Perpetual Futures: SynFutures offers perpetual futures contracts, which are futures contracts without an expiration date, allowing for long-term positions in various assets. Unique Features Dual-Oracle System: SynFutures uses a combination of Chainlink and LWAP (liquidity-weighted average price) oracles to provide pricing data, which helps in scaling the number of tradable underlyings. Perp Launchpad: This feature allows any project to launch perpetual futures markets for any native asset, fostering innovation in the DeFi space. $F
F-3.90%
X+16.27%
Wu Blockchain
Wu Blockchain
1d
Sushi DAO proposes a diversification strategy to reduce volatility and enhance liquidity. The plan involves reallocating assets from 100% SUSHI tokens to 70% stablecoins (e.g., USDC, USDT), 20% blue-chip cryptocurrencies (e.g., ETH, BTC), and 10% DeFi tokens (e.g., AAVE). The strategy aims to generate yield through staking, lending, and liquidity provision. Regular performance reviews and an emergency fund will be maintained to manage risks. The proposal will undergo governance voting after community feedback.
BTC-0.05%
ETH-0.48%

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