USD Coin price

in USD
Top market cap
$0.9998
-$0.0001 (-0.02%)
USD
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Market cap
$71.54B #6
Circulating supply
71.55B / 71.56B
All-time high
$1.040
24h volume
$7.31B
4.1 / 5

About USD Coin

USD Coin (USDC) is a widely-used stablecoin designed to maintain a 1:1 value with the US dollar, offering a reliable and transparent digital currency for global transactions. Issued by Circle and backed by fully reserved assets, USDC provides users with confidence in its stability and security. Its primary purpose is to enable seamless, low-cost transfers of value across borders, making it ideal for payments, trading, and decentralized finance (DeFi) applications. USDC is supported on multiple blockchains, including Ethereum, Solana, and others, ensuring compatibility with a broad range of wallets and platforms. Whether you're a beginner or an experienced trader, USDC serves as a trusted bridge between traditional finance and the crypto ecosystem.
AI-generated
CertiK
Last audit: Jun 1, 2020, (UTC+8)

USD Coin’s price performance

Past year
-0.02%
$1.00
3 months
+0.06%
$1.00
30 days
-0.04%
$1.00
7 days
-0.03%
$1.00
USD Coin’s all-time low was $0.8745 (+14.32%) on Mar 11, 2023, (UTC+8). Its all-time high was $1.040 (-3.87%) on May 19, 2021, (UTC+8). USD Coin’s circulating supply is 71,553,548,675 USDC, which represents 99.98% of its maximum circulating supply of 71,561,893,201 USDC.
71%
Buying
Updated hourly.
More people are buying USDC than selling on OKX

USD Coin on socials

nanatang🧙🏻‍♀️
nanatang🧙🏻‍♀️
There are many FIRE videos on Bilibili, most of which are people with a principal of 1 million to demonstrate how to live with passive income, invest in bank wealth management + index funds, etc., and many people in the Greater Bay Area stay in Huizhou Some time ago, I met a person in the comment area who tripled his investment in A-shares in 5 years, and he said that if you can't achieve 10% passive income a year, don't think about FIRE FIRE stands for Financial Freedom, Early Retirement Today I turned to an LP I made at the end of February, the opening was average, the range was average, and I wrote several annoying reviews: At this level of rookies, the position is closed today, and it is 30% return and 60+% annualized @MeteoraAG Currency circle trading never sleeps, LP is not dead when I die, I remember that when I first entered the circle, I learned to be LP to eat financial income, that time was the best time to brush my hair but I didn't understand, now I will reincarnate back, relying on LP can really FIRE
Hedda🐽
Hedda🐽
I recently learned about an amazing research-oriented AI called Surf. I immediately bought a membership after trying it out; it turns out AI is already this powerful (it's super useful for data research). Chain and Building Boss shared a lot of AI tools with me. Good tools are productivity boosters, and I'm willing to spend money on useful tools. In the Surf membership, there's a feature called Smart Agent that can only be used once a day. It's basically the DeFAI function, where you just tell the AI something, and it automatically executes DeFi for you. Then I thought of INFINIT, which recently updated to V2 and doesn't even require spending money. They specialize in DeFAI. After launching their token, INFINIT hasn't stopped; the token price has been maintained as well. Is DeFAI progressing this quickly now? You can achieve three top protocols with one click (I'll teach you about the protocol that raised 33M below). ➤ Compared to before, V2 has added three core capabilities and a new Strategy section. - Cross-protocol multi-step execution: No need to open 4 or 5 protocols and switch back and forth; now you can complete everything in one interface. - AI agent coordination: The entire strategy process is broken down, linked, simulated, and executed by AI, meaning all protocols can work simultaneously without issues. - Copying KOL strategies: It's no longer just about watching KOL explanations; you can directly treat the strategy as a product, which can be simulated, verified, and executed. ➤ Taking one example from V2, this strategy is called Stablecoin Project Airdrop Farming – Coinshift @0xCoinshift, Level @levelusd, Falcon @FalconStable (yes, this is a one-click three-eat strategy). The total financing of 33M for this super star protocol that hasn't launched its token yet can now be accessed with just a subscription. 1️⃣ At the top of the page, the strategy APY will be displayed (this is 10.73%), along with the source of the strategy. It clearly states which protocols are involved: Pendle @pendle_fi, Morpho @MorphoLabs, Kyber @KyberNetwork. You won't have to worry about which protocols to execute the strategy on. 2️⃣ Below is the asset input; you just need to input USDC. The platform will calculate network costs and slippage in real-time, allowing you to simulate before execution and clearly understand the cost of each step. 3️⃣ On the right side, the entire strategy process is explained clearly: For example, this strategy first converts USDC to PT-csUSDL, Deposits it into the Morpho lending market, Then converts it to slvlUSD, And finally enters the Falcon LP-USDf pool. 《Maximizing points across three ecosystems: Shift Points, Level XP, Falcon Miles, and you just need to click once!!!》 4️⃣ Further down, the Strategy Flow visualizes the process, Breaking it down into modules like Swap, Deposit, Borrow, totaling seven steps (you do one step, AI does seven). After confirmation, AI will assist in executing automatically. 5️⃣ Finally, the most crucial point is that the entire process does not require depositing money into INFINIT; it is completely non-custodial, and all operations are completed directly in your wallet (you have full control over your funds). INFINIT @Infinit_Labs is great because it allows users to focus on strategy rather than technical details. Some projects claim their AI technology is impressive, but the interface is hard to use, which shows they don't understand user needs.
Odaily
Odaily
🐳 A whale registered the domain "trumpisthebest.eth" and has made over $8 million in unrealized profits on $WLFI. According to Lookonchain monitoring, a supporter of Trump registered the domain "trumpisthebest.eth" and spent $347,000 to purchase 23.14 million $WLFI (currently valued at $8.5 million), now holding over $8 million in unrealized profits.
Lookonchain
Lookonchain
A Trump supporter registered the domain "trumpisthebest.eth" and spent $347K to buy 23.14M $WLFI($8.5M now), and is now sitting on an unrealized profit of over $8M.

Guides

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View USD Coin’s price history
Track your USD Coin’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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USD Coin FAQ

USDC is a stablecoin issued by Centre, a joint venture between fintech company Circle and cryptocurrency marketplace Coinbase. USD Coin is designed to be a stable crypto asset, always maintaining the same value relative to the dollar. There is no max supply of USDC, as new tokens are issued based on demand.

Easily buy USDC tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the USDC/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for USDC with zero fees and no price slippage by using OKX Convert.

Alternatively, you can purchase USDC tokens via the OKX P2P Trading platform. P2P trading allows users to buy and sell cryptocurrencies directly from other users without needing a middleman.

With OKX, you can easily use USDC to buy other crypto assets, including Ethereum (ETH), Polygon (MATIC), and Bitcoin Cash (BCH), using OKX Convert. This conversion process incurs zero fees and has no slippage.

USDC is issued by an international fintech firm called Circle and the US-based cryptocurrency exchange, Coinbase. Both Circle and Coinbase are regulated financial institutions in the United States, ensuring that USDC complies with US financial regulations.
USDC is safeguarded by the security features of the blockchain on which the token was issued. So, if your token was issued as an ERC-20 token on Ethereum, it would be secured by all of Ethereum's inherent security features.
Yes. Each unit of circulating USDC is backed by 1 USD of cash reserve and short-term US treasuries. Additionally, these backing assets are maintained in the safe custody of established and leading financial institutions.
The main benefit of using USDC is that it provides a stable and secure way to hold and transfer value in the cryptocurrency market. Since USDC is pegged to the US dollar, its value is not subject to the same volatility as other cryptocurrencies. Additionally, USDC is backed by regulated financial institutions, which ensures its stability and compliance with US financial regulations.
Currently, one USD Coin is worth $0.9998. For answers and insight into USD Coin's price action, you're in the right place. Explore the latest USD Coin charts and trade responsibly with OKX.
Cryptocurrencies, such as USD Coin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as USD Coin have been created as well.
Check out our USD Coin price prediction page to forecast future prices and determine your price targets.

Dive deeper into USD Coin

USD Coin (USDC) is an open-source smart contract-based stablecoin issued by an international fintech firm called Circle and the US-based cryptocurrency exchange, Coinbase. Together they make up the Centre Consortium, responsible for generating and redeeming all USDC tokens.

Launched in October 2018, USDC is fiat-collateralized and is pegged to the US Dollar at a 1:1 ratio. This is possible because a mix of cash, cash equivalents, and short-term US Treasury bonds backs USDC. Approximately 10 percent of USDC reserves are held in cash and cash equivalents, with the remainder in short-term US Treasury bonds.

Centre believes that true financial interoperability between crypto and fiat currencies is possible only if there's a price-stable means of value exchange between the two. USDC was created to address the need for a fiat-backed stablecoin that is transparent and secure, which was lacking in the market at the time.

Its creators, Circle and Coinbase, wanted to offer a stablecoin backed by real-world assets, audited regularly, and provide high transparency and governance. USDC was designed to be more transparent financially and operationally than other stablecoins in the market, which would help build trust and encourage greater adoption.

Grant Thornton is an independent accounting firm that conducts monthly attestations on the USDC stablecoin. The firm provides independent verification of the reserves backing USDC and ensures that they are held in a manner consistent with the Centre Consortium reserve policy.

Jeremy Allaire, the CEO of Circle, has emphasized the importance of transparency and accountability in the operation of USDC, and the involvement of Grant Thornton is a key component of that effort. USDC's commitment to transparency, backed by the independent verification provided by Grant Thornton, provides greater confidence and trust for users looking to buy a stablecoin.

How does USDC work

USDC is built on the Ethereum blockchain, a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps). USDC is an ERC-20 token compatible with any Ethereum wallet or exchange supporting ERC-20 tokens. The technology behind USDC is designed to provide stability and reliability for users, making it a popular choice for cryptocurrency traders.

Each USDC token is backed by one US Dollar, meaning its value is directly tied to the value of the US Dollar. This provides a high level of stability, which can be particularly useful during market volatility.

The Centre Consortium oversees the creation and management of USDC tokens. It ensures that each USDC token is backed by a corresponding US Dollar and that the supply of USDC tokens is always equal to the amount of US Dollars held in reserve.

USDC is also currently issued on multiple blockchains, including Ethereum (ERC-20 format), Tron (TRC-20 format), Algorand (ASA format), Avalanche (ERC-20 format), Flow (FT format), Stellar (as a Stellar asset), Solana (SPL format), and Hedera (SDK format).

What is USDC used for?

Being one of the most popular USD-pegged stablecoins, USDC is finding widespread application as a value storage medium during volatile market conditions or simply for people who want fiat exposure outside the traditional banking rails. Hence, many traders move their crypto allocations to USDC to avoid the impact of abrupt price changes. This could explain why the demand for USDC increases considerably during bearish periods.

USDC is also commonly used by many exchange platforms for on-ramping new entrants in the crypto industry and is widely accepted as payment for goods and services in online and offline markets.

As the USDC coin resides on multiple prominent blockchains, including Ethereum as an ERC-20 token, it can be seamlessly used in any dApps running on these networks, including in popular games where users can easily purchase in-game assets with their USDC tokens.

Another use case for USDC tokens is remittance transfers. USDC tokens have increasingly been used for remittance transfers because they offer several benefits over traditional ones, including a greater sense of security, access, lower fees, and higher speeds. In addition, some companies, such as fintech company Circle, offer specific services designed for remittance payments using USDC.

Idle USDC tokens can generate passive income on various crypto exchanges, including OKX. Users can visit OKX Earn and select from the available USDC staking plans to earn interest.

USDC price and tokenomics

Like most of its peers, USDC is issued on demand and doesn't have a cap on its maximum supply. The number of USDC tokens in circulation changes based on how many are issued and burnt by commercial issuers.

New USDC coins can be issued directly by Centre to buyers at a 1:1 ratio to the dollar whenever necessary. For example, if a buyer wants to buy $15 million worth of USDC, Centre can immediately mint 15 million new USDC for the buyer. Likewise, if a user with 15 million USDC wants to redeem them for US Dollars, Centre pays them $15 million and destroys their 15 million USDC tokens, thereby removing them from circulation.

About the founders

USDC was founded in 2018 by Centre, an independent member-based consortium that comprises P2P services company Circle and the cryptocurrency exchange Coinbase.

It was created to provide a layer of trust and transparency to the stablecoin industry. USDC allows users to operate with confidence and security in the crypto market, knowing that each unit of their USDC holdings can be redeemed for 1 USD whenever they wish.

Unlike most other crypto and stablecoin projects, Circle and Coinbase are fully regulated by leading US authorities. This has helped USDC's cause and helped pave the way for the stablecoin's international expansion.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
$71.54B #6
Circulating supply
71.55B / 71.56B
All-time high
$1.040
24h volume
$7.31B
4.1 / 5
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