USD Coin (CRYPTO: USDC)

USD Coin (USDC) is a stablecoin maintaining a 1:1 peg with the U.S. dollar, backed by dollar-denominated assets. Accessible on multiple blockchains, it is integral to the DeFi space. Users can buy or redeem USDC for fiat currency, with corresponding tokens minted or burned to maintain its value. USDC’s uses include hedging, stable price-pegging, remittances, crowdfunding, payments, and various financial services. It competes with other stablecoins and offers borderless access. Managed by the Centre consortium, co-founded by Circle and Coinbase, its reserves are overseen by Grant Thornton.

$1.00 $0.00 (0%) Wednesday, November 13, 2024 at 12:41:43 p.m. Eastern Standard Time

Fundamentals USD Coin

Last updated Nov 13, 2024, 12:41:43pm EST
Current Price $1.00
Change $0.00 (0%)
Close Price $1.00
Open Price $1.00
Bid $0.00
Ask $0.00
Day Range $1.00 - $1.00
Year Range $0.99 - $1.01
Volume 90,485,799
Market Cap $36,625,517,915.87

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