6488 cryptocurrencies
Total Market Cap $1,982,299,652,609
Total Volume 24h $11,637,462,960

USD Coin USD Coin star

$1.00
0.0018 (0.18%)

USD//Coin (USDC) is a fully collateralized US Dollar stable coin. It is built on the open source fiat stable coin framework developed by CENTRE, and Circle is the first of several forthcoming issuers of USDC.

USDC is designed to minimize price volatility and it does so by ensuring that every unit of USDC is only created when a corresponding US Dollar is deposited into a reserve bank account. Its major application at this point is as a mechanism for trading and hedging in global crypto capital markets. However, USDC is being adopted for use cases such as lending, payments, investments, and further applications within financial contracts such as derivatives contracts, insurance contracts, and security tokens.

Commercial issuers of USDC are required by CENTRE to be licensed to handle electronic money; have audited AML and Compliance programs that meet FATF standards; back all tokens on a fully reserved basis and provide monthly published proof of reserves attested to by certified public auditors; support fungible exchange and redemption of USDC tokens from other authorized issuer members; meet other reporting and review requirements established by CENTRE Note that as a fully collateralized stablecoin, the supply is determined by the USD deposits being taken on issuing services such asĀ circle.com/usdc.

Market share 1.34%
Proof type
Open $1.00
Low $1.00
High $1.00
Price in BTC 0.00002521406134 BTC
Current Supply 26,561,888,256 USDC
Total Supply 9,522,945 USDC
Market cap $26,588,450,816
24h Volume (coin) 115,566,784 USDC
24h Volume (currency) $115,682,352
Last updated 2021-08-01 21:02:23 -05:00 CDT
ID Market Type Price Quantity Total
Date Price Volume

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