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%) Thursday, February 29, 2024 at 3:44:47 p.m. Eastern Standard Time

Fundamentals USD Coin

Last updated Feb 29, 2024, 03:44:47pm 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 $0.88 - $24.80
Volume 44,488,494
Average Volume 35,442
Market Cap $28,552,996,961.76

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