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USDC price

USDC priceUSDC

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$0.9993-0.02%1D
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USDC price chart (USDC/USD)
Last updated as of 2025-04-11 01:05:04(UTC+0)
Market cap:$59,890,913,975.39
Fully diluted market cap:$59,890,913,975.39
Volume (24h):$13,040,928,998.86
24h volume / market cap:21.77%
24h high:$1
24h low:$0.9986
All-time high:$2.35
All-time low:$0.8769
Circulating supply:59,934,780,000 USDC
Total supply:
59,934,782,037.49USDC
Circulation rate:99.00%
Max supply:
--USDC
Price in BTC:0.{4}1263 BTC
Price in ETH:0.0006622 ETH
Price at BTC market cap:
$26.2
Price at ETH market cap:
$3.04
Contracts:
315667...1566704(Algorand)
Moremore
Links:

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Note: This information is for reference only.

About USDC (USDC)

What Is USD Coin?

USD Coin (USDC) is a type of cryptocurrency known as a stablecoin. Stablecoins are a category of digital assets that maintain a stable value relative to a specific asset or a pool of assets. In the case of USDC, its value is pegged 1:1 with the United States Dollar. This means that each USD Coin token corresponds to one US dollar.

USD Coin was launched in September 2018 by CENTRE, a collaboration between cryptocurrency firms Circle and Coinbase. The goal of USD Coin is to bridge the gap between traditional financial systems and digital economies, bringing the benefits of both worlds together. By pegging USDC to the US dollar, the stablecoin ensures the stability of value, a trait that many cryptocurrencies lack due to their volatile nature.

In March 2023, following Circle's acknowledgment of a substantial US$3.3 billion cash reserve with Silicon Valley Bank, the value of its USDC stablecoin experienced a momentary depeg, dropping to 88 cents from its typical one-dollar valuation. The USDC depeg fear caused panic selling, and Binance and Coinbase both confirmed they would temporarily suspend USDC conversion in that period.

Resources

Whitepaper: https://f.hubspotusercontent30.net/hubfs/9304636/PDF/centre-whitepaper.pdf

Official website: https://www.centre.io/usdc

How Does USD Coin Work?

Each USD Coin is purportedly backed by an equivalent amount of US dollars held in reserve. These reserves are regularly audited to ensure transparency and trust in the system. When a user purchases USD Coins, the equivalent USD value is held in a reserve, and the user is issued an equivalent amount of USDC. Similarly, when someone wants to redeem USDC for USD, the coins are destroyed or 'burned', and the equivalent USD is released from the reserve.

USD Coin initially used the Ethereum blockchain, following the ERC-20 standard, which is widely accepted and compatible with many wallets and exchanges. This made it easy to integrate with the existing digital asset infrastructure.

Benefits of USD Coin

The primary benefit of USD Coin is its price stability, as it is pegged to the US dollar. This makes it an attractive asset for those who want to avoid the price volatility often associated with other cryptocurrencies. Moreover, as a digital token, USDC can be transferred globally almost instantly, making it a useful tool for remittances and global transactions.

Additionally, the stable nature of USDC makes it a key player in the burgeoning DeFi (Decentralized Finance) ecosystem. It serves as a predictable asset for lending and borrowing platforms, as well as a stable medium of exchange in decentralized exchanges.

Understanding the Factors that Affect USD Coin Price and Current Value

Understanding the factors that influence USD Coin price is essential for both investors and traders in the cryptocurrency market. USD Coin (USDC) is a stablecoin, which means its current value is pegged 1:1 to the United States Dollar (USD). This pegging mechanism primarily governs the USD Coin current value.

The Stability of USDC to USD Exchange Rate

Unlike other cryptocurrencies that are subject to high volatility, the USDC to USD exchange rate remains relatively stable. This stability is ensured by the issuer, CENTRE—a collaboration between Circle and Coinbase—which maintains a 1:1 reserve in U.S. dollars for every USDC token in circulation. Audits and regulatory oversight further support this stability, making USD Coin a reliable asset in the crypto ecosystem.

USD Coin Market Cap and 24h Volume

However, even stablecoins like USD Coin can experience moments of depegging. For example, in March 2023, the USD Coin value momentarily dropped to 88 cents due to Circle acknowledging a $3.3 billion cash reserve with Silicon Valley Bank. Such incidents can incite panic selling and result in temporary suspensions of USDC conversion on platforms like Binance and Coinbase. While the USD Coin market cap and USD Coin 24h volume may remain robust, external factors like reserve audits and market sentiment can still influence USD Coin value fluctuation.

USD Coin as an Investment and its Role in DeFi

Given its stable nature, many consider USD Coin a good investment for hedging against the volatility of other cryptocurrencies. It's also increasingly being used in decentralized finance (DeFi) protocols, contributing to its utility and demand.

Keeping an Eye on USD Coin Latest News and Price Analysis

Whether you're studying the USD Coin chart for price analysis or staying updated with USD Coin latest news, understanding these factors can provide a more comprehensive view of this stablecoin's role in the digital asset market.

Conclusion

In an evolving world where digital transactions are becoming the norm, USD Coin bridges the gap between the traditional finance world and the digital economy. Its stability, trust, and interoperability with the crypto economy and traditional finance position it as a powerful tool in the financial landscape. As more businesses and individuals adopt cryptocurrencies, stablecoins like USDC will play a vital role in this new digital economy.

Related Articles about USD Coin

What is USD Coin (USDC)?

USDC price today in USD

The live USDC price today is $0.9993 USD, with a current market cap of $59.89B. The USDC price is down by 0.02% in the last 24 hours, and the 24-hour trading volume is $13.04B. The USDC/USD (USDC to USD) conversion rate is updated in real time.

USDC price history (USD)

The price of USDC is -0.02% over the last year. The highest price of USDC in USD in the last year was $1 and the lowest price of USDC in USD in the last year was $0.9976.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.02%$0.9986$1
7d-0.02%$0.9980$1
30d-0.04%$0.9979$1
90d-0.03%$0.9977$1
1y-0.02%$0.9976$1
All-time-0.43%$0.8769(2023-03-11, 2 years ago )$2.35(2021-11-16, 3 years ago )
USDC price historical data (all time).

What is the highest price of USDC?

The all-time high (ATH) price of USDC in USD was $2.35, recorded on 2021-11-16. Compared to the USDC ATH, the current price of USDC is down by 57.44%.

What is the lowest price of USDC?

The all-time low (ATL) price of USDC in USD was $0.8769, recorded on 2023-03-11. Compared to the USDC ATL, the current price of USDC is up by 13.96%.

USDC price prediction

When is a good time to buy USDC? Should I buy or sell USDC now?

When deciding whether to buy or sell USDC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget USDC technical analysis can provide you with a reference for trading.
According to the USDC 4h technical analysis, the trading signal is Strong sell.
According to the USDC 1d technical analysis, the trading signal is Strong sell.
According to the USDC 1w technical analysis, the trading signal is Strong sell.

What will the price of USDC be in 2026?

Based on USDC's historical price performance prediction model, the price of USDC is projected to reach $0.9014 in 2026.

What will the price of USDC be in 2031?

In 2031, the USDC price is expected to change by +24.00%. By the end of 2031, the USDC price is projected to reach $1.43, with a cumulative ROI of +42.96%.

FAQ

What factors can affect the price stability of USDC?

The price stability of USDC is primarily maintained through its pegging to the US dollar. Factors affecting its price include changes in US dollar value, market demand for USDC, regulatory actions, and the financial health of the institutions holding the reserves backing USDC.

Is USDC truly stable compared to other stablecoins?

USDC is considered one of the more stable and transparent stablecoins, with regular audits and established backing by reserves. However, like all stablecoins, it is not entirely risk-free due to potential issues like regulatory changes or reserve management.

Can I earn interest on my USDC holdings?

Yes, you can earn interest on USDC through various platforms, including DeFi applications and exchanges like Bitget, which may offer yield or staking options for stablecoin holdings.

How does USDC maintain its peg to the US dollar?

USDC maintains its peg through full backing by US dollar reserves held in bank accounts. Regular audits and transparent reporting ensure that an equivalent amount of USD backs each USDC in circulation.

Are there risks involved in holding USDC?

While USDC is relatively stable, it carries risks such as counterparty risk, regulatory risk, and potential changes in market perception that could affect its liquidity. However, it is generally considered lower-risk compared to non-stable cryptocurrency assets.

Where can I trade USDC?

You can trade USDC on numerous platforms, including Bitget Exchange, where USDC pairs with various cryptocurrencies are available for trading.

How can I convert USDC back to USD?

You can convert USDC back to USD via exchanges like Bitget, where you can sell USDC into USD or other fiat currencies supported by the platform.

Does USDC have transaction fees?

USDC itself doesn't impose transaction fees, but you may encounter costs on the blockchain for transferring USDC or on platforms like Bitget Exchange for trading or withdrawal activities.

Can USDC be used in DeFi applications?

Yes, USDC is widely accepted in the DeFi ecosystem and can be used in various decentralized finance applications for lending, borrowing, and liquidity provision.

What is the impact of US regulation on USDC?

US regulation can significantly impact USDC's operations, particularly in terms of compliance and reserve requirements. USDC is generally seen as compliant, but changes in regulatory policy could affect its usage and availability.

What is a stablecoin?

A stablecoin is a type of cryptocurrency that aims to keep its value stable. This is achieved by pegging its value to assets such as the U.S. dollar or gold. While traditional cryptocurrencies like Bitcoin can be highly volatile, stablecoins like USDC offer a more stable value.

What is USD Coin (USDC)?

USD Coin, or USDC, is a stablecoin that has its value pegged to the U.S. dollar. This means for every USDC in circulation, there's an equivalent U.S. dollar held in reserve. It combines the stability of the dollar with the benefits of cryptocurrency.

How is the value of USD Coin (USDC) maintained at US$1?

To ensure USDC maintains a value close to $1, there's a one-to-one reserve of U.S. dollars held by regulated financial institutions. Regular audits ensure that the amount of USDC in circulation matches the U.S. dollars held in reserve, which helps maintain its US$1 value.

Can the price of USD Coin (USDC) fluctuate?

In theory, USDC should always be worth US$1. However, due to market dynamics such as supply and demand, the price can fluctuate slightly above or below US$1 on cryptocurrency exchanges. For example, in March 2023, following Circle's acknowledgment of a substantial US$3.3 billion cash reserve with Silicon Valley Bank, the value of its USDC stablecoin experienced a momentary depeg, dropping to 88 cents from its typical one-dollar valuation. The USDC depeg fear caused panic selling, and Binance and Coinbase both confirmed they would temporarily suspend USDC conversion in that period. However, such fluctuations are usually short-lived, with mechanisms in the market working to stabilize any significant deviations.

Can I directly exchange USD Coin (USDC) for USD?

Yes, you can redeem USD Coin (USDC) for U.S. dollars through supporting platforms and financial institutions.

How can I use USDC?

USDC can be used in a variety of ways, similar to other cryptocurrencies. Some common uses include: - Trading on cryptocurrency exchanges. - As a form of payment for goods and services. - Transferring money across borders without traditional banking fees. - As a stable asset in decentralized finance (DeFi) platforms.

What is the current price of USDC?

The live price of USDC is $1 per (USDC/USD) with a current market cap of $59,890,913,975.39 USD. USDC's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. USDC's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of USDC?

Over the last 24 hours, the trading volume of USDC is $13.04B.

What is the all-time high of USDC?

The all-time high of USDC is $2.35. This all-time high is highest price for USDC since it was launched.

Can I buy USDC on Bitget?

Yes, USDC is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy usdc guide.

Can I get a steady income from investing in USDC?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy USDC with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

USDC market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • USDC/USDT
  • Spot
  • 1.0007
  • $25.56M
  • Trade
  • 2
  • USDC/EUR
  • Spot
  • 0.8851
  • $1.29M
  • Trade
  • USDC holdings

    USDC holdings distribution matrix

  • Balance (USDC)
  • Addresses
  • % Addresses (Total)
  • Amount (USDC|USD)
  • % Coin (Total)
  • 0-10 USDC
  • 1.63M
  • 54.85%
  • 2.79M USDC
    $2.79M
  • 0.01%
  • 10-100 USDC
  • 809.81K
  • 27.33%
  • 29.96M USDC
    $29.96M
  • 0.08%
  • 100-1000 USDC
  • 352.82K
  • 11.91%
  • 96.4M USDC
    $96.39M
  • 0.24%
  • 1000-10000 USDC
  • 106.6K
  • 3.60%
  • 368.03M USDC
    $368M
  • 0.93%
  • 10000-100000 USDC
  • 50.76K
  • 1.71%
  • 1.62B USDC
    $1.62B
  • 4.08%
  • 100000-1000000 USDC
  • 14.93K
  • 0.50%
  • 4.41B USDC
    $4.41B
  • 11.14%
  • 1000000-10000000 USDC
  • 2.56K
  • 0.09%
  • 6.3B USDC
    $6.3B
  • 15.91%
  • 10000000-100000000 USDC
  • 295
  • 0.01%
  • 8.15B USDC
    $8.15B
  • 20.58%
  • 100000000-1000000000 USDC
  • 54
  • 0.00%
  • 11.86B USDC
    $11.86B
  • 29.95%
  • >1000000000 USDC
  • 3
  • 0.00%
  • 6.77B USDC
    $6.77B
  • 17.09%
  • USDC holdings by concentration

    Whales
    Investors
    Retail

    USDC addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
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    How to buy USDC(USDC)

    Create Your Free Bitget Account

    Create Your Free Bitget Account

    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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    Verify your identity by entering your personal information and uploading a valid photo ID.
    Convert USDC to USDC

    Convert USDC to USDC

    Choose from cryptocurrencies to trade on Bitget.

    Trade USDC perpetual futures

    After having successfully signed up on Bitget and purchased USDT or USDC tokens, you can start trading derivatives, including USDC futures and margin trading to increase your income.

    The current price of USDC is $0.9993, with a 24h price change of -0.02%. Traders can profit by either going long or short onUSDC futures.

    USDC futures trading guide

    Join USDC copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or USDC tokens, you can also start copy trading by following elite traders.

    Where can I buy USDC (USDC)?

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    How to complete identity verification on Bitget and protect yourself from fraud
    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
    5. Select “Mobile Verification” or “PC” based on your preference.
    6. Enter your details, submit a copy of your ID, and take a selfie.
    7. Submit your application, and voila, you've completed identity verification!
    Cryptocurrency investments, including buying USDC online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy USDC, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your USDC purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    USDC to USD converter

    USDC
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    1 USDC = 0.9993 USD
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    USDC resources

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Unlike Web2, where platforms like Facebook, Google, and PayPal control user data and financial transactions, Web3 operates on decentralized protocols, giving users true ownership and control over their assets and information. Core Features of Web3 - Decentralization - Smart Contracts - Tokenization - Interoperability - Transparency The Power of Decentralization in Finance In traditional finance (TradFi), banks and financial institutions act as intermediaries. This creates issues like high transaction fees, slow cross-border payments, censorship, and lack of access for the unbanked population. With decentralized finance (DeFi), users can transact directly without intermediaries, access financial services like lending, borrowing, and staking, and earn passive income through yield farming and liquidity pools. The Role of Blockchain in Web3 Finance Blockchain: The Backbone of Web3 A blockchain is a distributed ledger technology (DLT) that records transactions on a public and immutable network. Popular blockchains like Ethereum, Solana, and Binance Smart Chain provide the foundation for building decentralized applications (dApps) and financial protocols. Smart Contracts: The Heart of DeFi Smart contracts are self-executing programs that automatically execute transactions when predefined conditions are met. This eliminates the need for intermediaries and reduces the risk of fraud. Decentralized Autonomous Organizations (DAOs) DAOs are community-driven organizations where decisions are made through governance tokens and voting mechanisms. This allows users to have a say in platform upgrades, fee structures, and project direction. The Power of Tokenization In Web3, any asset can be tokenized: - Cryptocurrencies (e.g., Bitcoin, Ethereum) - Stablecoins (e.g., USDT, USDC) - Real-world assets (e.g., real estate, stocks) - NFTs (non-fungible tokens) Why Web3 is the Future of Finance 1. Financial Freedom and Ownership In Web2 finance, banks can freeze your account or block your transactions. In Web3, you own your private keys, which gives you full control over your assets. No central authority can restrict your access to funds. 2. Borderless Transactions and Global Accessibility With cryptocurrencies and decentralized payment protocols like Lightning Network and Ripple, users can send money across borders in seconds with minimal fees. This is especially beneficial for the unbanked population in developing countries. 3. Passive Income Opportunities DeFi platforms like Bybit, Aave, Compound, and Uniswap allow users to earn USDT and other stablecoins through staking, liquidity provision, and yield farming. This creates a new stream of income without relying on traditional banks. 4. Privacy and Security Web3 platforms prioritize user anonymity and data protection. Unlike centralized exchanges, decentralized platforms like Uniswap and PancakeSwap do not require KYC (Know Your Customer) verification, protecting user identity. 5. Censorship Resistance In countries with strict financial regulations or political oppression, Web3 provides a way to bypass censorship. For example, Bitcoin has been used as a hedge against hyperinflation in countries like Venezuela and Argentina. Real-World Use Cases of Web3 Finance 1. Decentralized Exchanges (DEXs) - Uniswap - PancakeSwap - SushiSwap 2. Lending and Borrowing Platforms - Aave - Compound - MakerDAO 3. Stablecoin Yield Farming - Bybit Earn - Yearn Finance - Curve Finance 4. 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