USD Coin (USDC) price, chart, coin profile and news

Find the latest USD Coin (USDC) price, coin profile, news and history to get you started with USD Coin trading and investing.

USD Coin
+ $0.0008 ( + 0.08%)

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What is USD Coin?

USDC is a digital stablecoin pegged to the value of the US dollar. To maintain its fiat-peg, the cryptocurrency is backed by fully reserved USD assets with an exchange rate of 1:1. One USDC should be equal to one real US dollar.

Launched in 2018, the stablecoin was created by Circle, a crypto finance company owned by Centre, with accompanying support from Coinbase. The token was originally built on the Ethereum blockchain, and as such was developed as an ERC20 token. However, it has now expanded to the Solana and Algorand blockchains. The parent company, Centre, is regulated by the Money Services Business and FinCEN in the US, with regular auditing taking place.

USDC can be traded and exchanged like any other cryptocurrency. Instead of cryptocurrency investors transferring funds back into fiat currency, Circle states that USDC allows users to transfer assets to a stablecoin that offers a 1:1 relationship with the US dollar. Stablecoins aim to be a calmer entry and exit platform to the sometimes volatile world of cryptocurrencies.

USD Coin (USDC) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $52,541,633,491. The current price of USD Coin is $1.42142, which is -0.024% lower than yesterday. Prices have ranged between $1.4271 and $1.41331038 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 19, 2022 06:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Recent USD Coin developments

March 2022: The market cap for USDC topped $50 billion USD for the first time ever.
February 2022: The war between Russia and Ukraine resulted in a significant volume increase for USDC, with 44% of all trades on the Ukranian cryptocurrency exchange comprising either USDC or USDT. This spike was largely due to the economic implications of the invasion negatively affecting the value of Ukranian and Russian fiat currencies.

USD Coin (USDC) price

Use our graph to track the performance of (USDC) over time.

USD Coin at a glance

Information last updated May 19, 2022 06:05 UTC.
Coin symbol USDC
Coin Marketcap AUD$52,541,633,491
Total USDC supply 52,542,160,093
Circulating USDC 52,549,880,800
Current price AUD$1.42142
All time high AUD$2.3572
All time high date May 08, 2019
Notable team members Jeremy Allaire, Sean Neville, Brian Armstrong
Partnerships Visa, Ripio
Industry Stablecoins
Token uses Stablecoin
Network Ethereum

USD Coin price performance over time

Historical prices compared with the price of $1.42142.

1 hour -0.03%
24 hours -0.02%
7 days 0.00%
14 days 0.06%
30 days 0.14%
60 days 0.07%
200 days -0.18%
1 year -0.12%

Disclaimer: Cryptocurrencies, including USD Coin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of USDC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the USD Coin or any other cryptocurrency discussed.

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