The live Usdc (USDC) price is $0.99923, with a 24 hours Blynex trading volume of 466.98K. The price of USDC changed by -0.07% in the past 24 hours. With a circulating supply of 34.89B USDC and a maximum supply of 34.89B USDC coins. USDC currently ranks #6 in market cap. You have the option to purchase USDC (USDC) on the Blynex exchange.
(USDC) USDC Live Price Data
Market | Price | 24h % | 24h High | 24h Low | 24h Volume | |
---|---|---|---|---|---|---|
USDC /USDT | $0.99923 | -0.07% | 1.00053 | 0.9982 | 466828.906 | Trade |
About Usdc (USDC)
Usdc (USDC) is a stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common. Buying USDC on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Usdc (USDC).
What is Usdc (USDC)?
USDC is a stablecoin pegged to the U.S. dollar at a 1:1 ratio, meaning every unit is backed by $1 held in reserve, a mix of cash and short-term U.S. Treasury bonds. Issued by regulated financial institutions, USDC is managed by the Centre Consortium, whose founding members include Circle, a peer-to-peer payments company, and the Coinbase cryptocurrency exchange. Launched in September 2018, USDC aims to offer "digital money for the digital age" as a stable, cashless transaction option.
The rationale behind USDC centers on creating a seamless global financial system. Circle co-founders Jeremy Allaire and Sean Neville envisioned a stable digital currency that would support a global, open internet of value exchange, breaking down economic borders to foster inclusivity and efficiency. In 2020, a protocol upgrade by Circle and Coinbase furthered this vision by simplifying USDC's use in everyday payments and peer-to-peer transactions.
USDC distinguishes itself in the stablecoin market by emphasizing transparency and regulatory compliance. A major accounting firm audits its reserves to confirm that every USDC is backed by a dollar in cash or equivalent assets. Unlike competitors, USDC has avoided legal issues, enhancing its reputation for stability and transparency. This cautious approach has allowed USDC to grow in market share, challenging Tether’s dominance by capturing significant market share over recent years.
USDC is widely used beyond trading, supporting digital payments in various sectors, including decentralized finance (DeFi) and gaming. It offers a stable asset for volatile markets and an easy entry point for businesses to integrate digital payments. With demand-driven issuance, USDC's ecosystem is expanding rapidly, as more wallets, exchanges, and decentralized applications (dApps) adopt it.
With a scalable supply model and strong backing from Circle and Coinbase, USDC’s ecosystem is set to grow as adoption rises across industries. Its role in DeFi has been crucial, supporting its rise in popularity, particularly since 2020. Through transparency, regulatory adherence, and a focus on widespread usability, USDC is poised to remain a leading stablecoin in the digital economy.
USDC to local currency
- 1 USDC to USD0.9995949600
- 1 USDC to EUR0.9324551400
- 1 USDC to AUD1.518
- 1 USDC to KRW1,397.214
- 1 USDC to JPY152.576
- 1 USDC to GBP0.774
- 1 USDC to INR84.359
- 1 USDC to CAD1.390
- 1 USDC to AED3.671
- 1 USDC to RUB97.483
USDC to crypto currency
- 1 USDC to BTC0.0000130791
- 1 USDC to ETH0.0003349910
- 1 USDC to USDT0.9992183800
- 1 USDC to BNB0.0016148743
- 1 USDC to SOL0.0050139909
- 1 USDC to XRP1.817
- 1 USDC to ADA2.277
- 1 USDC to TRX6.238
- 1 USDC to LTC0.014
- 1 USDC to TON0.203