Bitcoin Halving

USD Coin

USDC
Price
$0
24 Hour % Change
n/a%
Market Cap
$0
Volume (24h)
$702.10M
Linear
Log
to
1h12h1d1w1m3m1y
Key metrics
24 Hour Low
$0
24 Hour High
$0
Net change
n/a
24 Hour Open
$0
All time high
$1.17
Total Supply
0
Returns (24H)
0.00%
Returns (YTD)
-0.28%
Volatility (30d)
0.01
Transaction Count (24h)
27,893
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
$1.24B

About

Category
Stablecoin
Value proposition
Digital fiat

U.S. Dollar Coin, or USDC, is an Ethereum-based stablecoin launched in September, 2018. Its policies, including its technical and financial standards, are managed by a consortium called CENTRE, started by peer-to-peer payment company Circle and crypto exchange Coinbase. USDC represents fiat, or government money, on the blockchain. It is redeemable on a 1:1 basis for U.S. dollars, issued by regulated financial institutions and backed by fully reserved assets which are audited by accounting firm Grant Thornton LLP every month. USDC can be easily moved across various cryptocurrency exchanges and platforms quickly which makes it a tool used by traders as well as investors in developing markets looking for a stable blockchain-based asset.

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Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.

Foundations - Consensus: Distributed