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USDC (USDC) - USDT

Mkt. Cap.
₮ 60.67 B
Vol. 24H
USDC 1.71 B (₮ 1.71 B)
Open 24h
₮ 0.9997
Low/High 24h
₮ 0.9995 - ₮ 0.9998

CryptoCompare Index USDC (USDC) - USDT Historical Price

CryptoCompare Index USDC (USDC) - USDT

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Details Historical Price Platforms Details Historical Price Platforms
Whitepaper
Launch Date
2018-09-10
Max Supply
Not Applicable
Total Supply
60,695,013,979.38
Circulating Supply
60,695,013,979.38
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
6
Parent Asset Symbol
USD
USD Coin (USDC) is a fully reserved stablecoin pegged 1:1 to the US dollar, ensuring price stability through a reserve backed by cash and short-duration U.S. Treasury instruments. These reserves are held by regulated financial institutions like The Bank of New York Mellon and managed by BlackRock via the Circle Reserve Fund. Circle, which independently manages USDC after its initial development with Coinbase under the CENTRE Consortium, ensures transparency through monthly audits by Deloitte. USDC operates on 16 blockchains, including Ethereum, Solana, and Polygon, offering wide liquidity and accessibility. It is used in cross-border payments, DeFi, and as a hedge against cryptocurrency volatility. It provides a stable alternative for remittances and exposure to the U.S. dollar for non-U.S. investors. USDC maintains its 1:1 peg by minting and burning tokens based on USD deposits and redemptions, offering secure and regulated digital dollar transactions.

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