About USDC

USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.

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£0.7553

Trading Insights

Traders

115K

0%

Market Stats

Market Cap

£58.41B

0.01%

FDV

£58.41B

Circ. Supply

77B USDC

Max Supply

Not enough data

Total Supply

77B USDC

Diluted Valuation

£58.41B

Performance

Popularity

#6

Dominance

3.45%

Volume (24H)

£9.38B

0.99%

Volume (7D)

£54.52B

Volume (30D)

£307.18B

All time high

£0.7556

Price Change (1Y)

Not enough data

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment risk

Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.

Stablecoins: 'Stablecoin' (e.g. USDC, USDT) is the term often used for crypto-assets that claim their value is linked to certain reserve assets such as a fiat currency (e.g. US Dollars). Stablecoins may use a range of different ways to maintain stability, each with their own risks'

Additional details

Recent trends

The current price is £0.7553 per USDC with a 24-hour trading volume of £9.38B. Currently, USDC is valued at 0.04% below its all time high of £0.7556. This all-time high was the highest price paid for USDC since its launch.

The current circulating supply of USDC is 77,303,451,124.443 USDC which means that USDC has as total market cap of £58,410,186,131.14.

Market details

USDC vs markets

↗ 18.25%

USDC vs BTC

↗ 23.42%

USDC vs ETH

↘ 12.43%

Tags

medium-of-exchange

stablecoin

asset-backed-stablecoin

usd-stablecoin

+3

Network & Addresses

Network
Address

HyperEVM

0xb88339CB7199b77E23DB6E890353E22632Ba630f

Monad

0x754704Bc059F8C67012fEd69BC8A327a5aafb603

Polkadot

1337

Worldchain

0x79A02482A880bCE3F13e09Da970dC34db4CD24d1

Price history

Time
Price
Change
Today
£0.7553
0.00%
1 Day
£0.7503
0.00%
1 Week
£0.7486
0.00%
1 Month
£0.748
0.00%
1 Year
£0.7665
0.00%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

USDC (USDC) is a stablecoin that seeks to mirror the value of the U.S. dollar. Each unit of this digital currency in circulation is backed by $1 held in reserve, in a blend of cash and short-term U.S. Treasury bonds (more: https://www.circle.com/en/transparency). USDC aims to cater to a world where cashless transactions are increasingly common. The aim is to foster an ecosystem where USDC is accepted by wallets, service providers, and decentralized applications (dApps).

USDC is a type of cryptocurrency known as a stablecoin. Its value is pegged to the US dollar, meaning it aims to maintain a 1:1 value ratio with the USD. This is in contrast to other cryptocurrencies like Bitcoin or Ethereum, whose values can fluctuate widely. USDC is natively accessible for 15 blockchain networks: Algorand, Arbitrum, Avalanche, Base, Ethereum, Flow, Hedera, NEAR, Noble, OP Mainnet, Polkadot, Polygon PoS, Solana, Stellar, and TRON. The value of this coin is maintained by holding U.S. dollars or equivalent in reserve. An accounting firm is tasked with verifying the levels of cash held in reserve, ensuring this matches up with the number of tokens in circulation. New coins are created in line with demand, whenever someone wants to acquire one with their dollar.

USDC seeks to serve multiple use cases. It can provide relative stability for crypto traders in times of volatility. It also aims to enable businesses to accept payments in digital assets and seeks to impact various sectors including decentralized finance and gaming. USDC can be used for everyday payments, commerce, and peer-to-peer transactions. It also serves as an onramp to the wider ecosystem of decentralized finance, given its relative stability and wide acceptance.

USDC was launched in September 2018 by the Centre Consortium, which includes the peer-to-peer payment services company Circle. In 2020, an upgrade to USDC’s protocol and smart contract was announced, with the aim of facilitating its use for everyday payments and transactions. Over the years, USDC has seen increased use, in part due to the growing interest in decentralized finance. The Centre Consortium has continued to innovate and expand the reach of USDC, launching it on multiple new blockchains and fostering its adoption across a wide range of platforms and services.

We update our USDC to GBP currency in real-time. Get the live price of USDC on Coinbase.

The current market cap of USDC is £58.41B. A high market cap implies that the asset is highly valued by the market.

The all-time high of USDC is £0.7556. This all-time high is highest price paid for USDC since it was launched.

Over the last 24 hours, the trading volume of USDC is £9.383B.

Assets that have a similar market cap to USDC include BNB, Solana, XRP, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of USDC is 77 billion.

USDC ranks 5 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 99% of Coinbase users are buying USDC. In other words, 99% of Coinbase customers have increased their net position in USDC over the past 24 hours through trading.

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

USDC news

Social stats

Popularity in posts

#6

Contributors

6,195

Posts

9,702

% About USDC

1.897%

Articles

22

X (Twitter)

47.11% bullish

Sentiment

4.5 ★

Highlights

6,195 unique individuals are talking about USDC and it is ranked #6 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, USDC has an average sentiment score of 4.5 out of 5. Finally, USDC is becoming less newsworthy, with 22 news articles published about USDC.

On Twitter, people are mostly bullish about USDC. There were 52.73% of tweets with bullish sentiment compared to 11.93% of tweets with a bearish sentiment about USDC. 47.27% of tweets were neutral about USDC. These sentiments are based on 7686 tweets.

On Reddit, USDC was mentioned in 853 Reddit posts and there were 3434 comments about USDC. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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