14

Rank

USD Coin, USDC

$1.00 ( -0.00% )

Market Cap

$23 911 235 085

24 Hour Volume

$849 068 518

Available Supply

23 905 538 628

USD Coin / US Dollar Chart, USDC/USD ()


Open price: 0.0
High price: 0.0
Average price: 0.0
Close price: 0.0
Low price: 0.0
Change: 0.0%

#
Exchange
Pair
Volume
Volume (%)
1.
BTC/USDC
111 960 640 USD
13.40 %
2.
USDC/USDT
110 996 036 USD
13.28 %
3.
BTC/USDC
104 058 781 USD
12.45 %
4.
USDC/BUSD
59 774 203 USD
7.15 %
5.
BTC/USDC
55 178 640 USD
6.60 %
6.
BTC/USDC
55 168 663 USD
6.60 %
7.
BTC/USDC
42 716 179 USD
5.11 %
8.
BTC/USDC
40 368 529 USD
4.83 %
9.
ETH/USDC
36 697 356 USD
4.39 %
10.
BTC/USDC
22 741 039 USD
2.72 %
11.
ETH/USDC
15 206 319 USD
1.82 %
12.
BTC/USDC
14 551 066 USD
1.74 %
13.
USDC/USD
13 593 918 USD
1.63 %
14.
USDC/EUR
13 359 903 USD
1.60 %
15.
USDC/USDT
10 180 537 USD
1.22 %
16.
USDC/USDT
7 560 034 USD
0.90 %
17.
BNB/USDC
6 886 080 USD
0.82 %
18.
ETH/USDC
5 956 927 USD
0.71 %
19.
ETH/USDC
5 943 675 USD
0.71 %
20.
USDC/USDT
5 679 034 USD
0.68 %
21.
USDC/USDT
5 581 190 USD
0.67 %
22.
ETH/USDC
4 938 855 USD
0.59 %
23.
BTC/USDC
4 360 709 USD
0.52 %
24.
USDC/USDT
4 358 185 USD
0.52 %
25.
XRP/USDC
4 192 997 USD
0.50 %
26.
ETH/USDC
4 089 323 USD
0.49 %
27.
WIN/USDC
4 079 084 USD
0.49 %
28.
ADA/USDC
3 372 336 USD
0.40 %
29.
LINK/USDC
3 155 842 USD
0.38 %
30.
USDC/USDT
3 005 185 USD
0.36 %
31.
USDC/USDT
2 821 022 USD
0.34 %
32.
BTC/USDC
2 646 109 USD
0.32 %
33.
USDC/USDT
2 632 592 USD
0.32 %
34.
BTC/USDC
2 629 309 USD
0.31 %
35.
ETH/USDC
2 547 503 USD
0.30 %
36.
ETH/USDC
2 505 312 USD
0.30 %
37.
USDT/USDC
2 487 017 USD
0.30 %
38.
BTT/USDC
2 140 474 USD
0.26 %
39.
BTC/USDC
1 847 015 USD
0.22 %
40.
TRX/USDC
1 680 284 USD
0.20 %
41.
ETH/USDC
1 401 747 USD
0.17 %
42.
BTC/USDC
1 391 548 USD
0.17 %
43.
ETH/USDC
1 301 541 USD
0.16 %
44.
LTC/USDC
1 296 392 USD
0.16 %
45.
DNT/USDC
1 200 674 USD
0.14 %
46.
OCC/USDC
1 167 351 USD
0.14 %
47.
CVC/USDC
1 038 117 USD
0.12 %
48.
XRP/USDC
979 764 USD
0.12 %
49.
BTC/USDC
932 070 USD
0.11 %
50.

MXC MXC

USDC/USDT
931 599 USD
0.11 %
51.
EOS/USDC
907 993 USD
0.11 %
52.
USDC/HUSD
839 486 USD
0.10 %
53.
BCH/USDC
721 252 USD
0.09 %
54.
USDC/BTC
718 806 USD
0.09 %
55.
USDC/GBP
706 010 USD
0.08 %
56.
USDC/USDT
703 547 USD
0.08 %
57.
MANA/USDC
660 047 USD
0.08 %
58.
USDC/USDT
601 449 USD
0.07 %
59.
USDC/UST
580 339 USD
0.07 %
60.
ETH/USDC
566 224 USD
0.07 %
61.
ATOM/USDC
524 922 USD
0.06 %
62.
USDC/USD
502 589 USD
0.06 %
63.
BAT/USDC
490 809 USD
0.06 %
64.
BTC/USDC
474 271 USD
0.06 %
65.
CEL/USDC
443 501 USD
0.05 %
66.
USDC/BTC
426 669 USD
0.05 %
67.
USDC/USDT
418 856 USD
0.05 %
68.
USDC/BTC
414 926 USD
0.05 %
69.
USDC/USD
410 525 USD
0.05 %
70.
USDC/USDT
399 613 USD
0.05 %
71.
USDC/USDT
392 372 USD
0.05 %
72.
LOOM/USDC
389 467 USD
0.05 %
73.
ADA/USDC
360 185 USD
0.04 %
74.
USDC/USDT
357 911 USD
0.04 %
75.
MFI/USDC
352 833 USD
0.04 %
76.
ETH/USDC
330 887 USD
0.04 %
77.
PROS/USDC
325 341 USD
0.04 %
78.
XRP/USDC
286 360 USD
0.03 %
79.
DAI/USDC
280 118 USD
0.03 %
80.
DPR/USDC
261 484 USD
0.03 %
81.
DOGE/USDC
251 636 USD
0.03 %
82.
EXRD/USDC
239 105 USD
0.03 %
83.
ETH/USDC
224 620 USD
0.03 %
84.
FRAX/USDC
221 115 USD
0.03 %
85.
OCTO/USDC
215 719 USD
0.03 %
86.
USDC/ETH
213 009 USD
0.03 %
87.
USDC/USDT
184 590 USD
0.02 %
88.
USDC/USDT
181 876 USD
0.02 %
89.
USDC/TRY
179 208 USD
0.02 %
90.
BTC/USDC
178 321 USD
0.02 %
91.
USDC/USD
158 246 USD
0.02 %
92.
ZEC/USDC
152 146 USD
0.02 %
93.
XCF/USDC
152 117 USD
0.02 %
94.
USDC/USDT
151 145 USD
0.02 %
95.
DAI/USDC
123 232 USD
0.01 %
96.
USDC/USDT
121 872 USD
0.01 %
97.

MXC MXC

USDC/UST
117 940 USD
0.01 %
98.
USDT/USDC
115 354 USD
0.01 %
99.
POND/USDC
110 135 USD
0.01 %
100.
INSUR/USDC
108 620 USD
0.01 %
101.
BTC/USDC
107 227 USD
0.01 %
102.
FL/USDC
106 999 USD
0.01 %
103.
DDX/USDC
100 377 USD
0.01 %
104.
A5T/USDC
93 997 USD
0.01 %
105.
CRO/USDC
85 339 USD
0.01 %
106.
ZEC/USDC
82 821 USD
0.01 %
107.
USDC/THB
79 931 USD
0.01 %
108.
NEO/USDC
75 462 USD
0.01 %
109.
USDC/USDT
73 517 USD
0.01 %
110.
USDC/EUR
69 105 USD
0.01 %
111.
USDC/USDT
61 495 USD
0.01 %
112.
ZEC/USDC
60 110 USD
0.01 %
113.
XRP/USDC
55 049 USD
0.01 %
114.
XRP/USDC
52 449 USD
0.01 %
115.
LTC/USDC
51 510 USD
0.01 %
116.
BOND/USDC
51 505 USD
0.01 %
117.
USDC/UQC
49 469 USD
0.01 %
118.
BCH/USDC
48 901 USD
0.01 %
119.
LINK/USDC
45 239 USD
0.01 %
120.
ETH/USDC
43 582 USD
0.01 %
121.
USDC/AUD
40 878 USD
0.00 %
122.
LTC/USDC
36 998 USD
0.00 %
123.
TRX/USDC
35 943 USD
0.00 %
124.
BCH/USDC
34 758 USD
0.00 %
125.

AAX AAX

USDC/USDT
31 590 USD
0.00 %
126.
EOS/USDC
28 547 USD
0.00 %
127.
USDC/USDT
28 297 USD
0.00 %
128.
USDC/KRW
27 285 USD
0.00 %
129.
BAT/USDC
26 504 USD
0.00 %
130.
BCH/USDC
24 568 USD
0.00 %
131.
USDC/XRP
23 351 USD
0.00 %
132.
TRX/USDC
22 331 USD
0.00 %
133.
BTC/USDC
19 528 USD
0.00 %
134.
ETC/USDC
19 174 USD
0.00 %
135.
EOS/USDC
18 815 USD
0.00 %
136.
ETH/USDC
17 655 USD
0.00 %
137.
EOS/USDC
17 447 USD
0.00 %
138.
USDC/USDT
15 964 USD
0.00 %
139.
ATOM/USDC
15 376 USD
0.00 %
140.
USDC/USDT
14 488 USD
0.00 %
141.
BCH/USDC
14 291 USD
0.00 %
142.
XRP/USDC
13 862 USD
0.00 %
143.
USDC/USDF
12 991 USD
0.00 %
144.
USDC/USD
12 907 USD
0.00 %
145.
CET/USDC
11 974 USD
0.00 %
146.
USDC/BTC
11 962 USD
0.00 %
147.
LTC/USDC
11 671 USD
0.00 %
148.
BTC/USDC
11 644 USD
0.00 %
149.
USDC/ETH
11 474 USD
0.00 %
150.
USDC/USDT
11 133 USD
0.00 %
151.

MXC MXC

RAY/USDC
10 051 USD
0.00 %
152.
ESD/USDC
9 368 USD
0.00 %
153.
OKB/USDC
8 602 USD
0.00 %
154.
BSV/USDC
6 974 USD
0.00 %
155.
BTC/USDC
6 890 USD
0.00 %
156.
DOGE/USDC
6 377 USD
0.00 %
157.
USDC/USDT
6 340 USD
0.00 %
158.
LTC/USDC
5 680 USD
0.00 %
159.
USDC/USDT
4 407 USD
0.00 %
160.
BSV/USDC
3 666 USD
0.00 %
161.
DASH/USDC
3 478 USD
0.00 %
162.
USDC/UAH
3 223 USD
0.00 %
163.
OTO/USDC
1 953 USD
0.00 %
164.
XMR/USDC
1 846 USD
0.00 %
165.
BAT/USDC
1 572 USD
0.00 %
166.
BTC/USDC
1 363 USD
0.00 %
167.
USDC/ETH
1 226 USD
0.00 %
168.
TUSD/USDC
249 USD
0.00 %
169.
ZEC/USDC
101 USD
0.00 %
170.
USDX/USDC
63 USD
0.00 %
171.
USDC/USD
47 USD
0.00 %
172.
LCX/USDC
16 USD
0.00 %
173.
USDT/USDC
15 USD
0.00 %
174.
DAI/USDC
7 USD
0.00 %
175.
WGR/USDC
6 USD
0.00 %
176.
BCC/USDC
3 USD
0.00 %
177.
LHT/USDC
0 USD
0.00 %
178.
ETC/USDC
0.0 USD
0.0 %
179.
BTC/USDC
0.0 USD
0.0 %
180.
BTC/USDC
0.0 USD
0.0 %
181.
BCH/USDC
0.0 USD
0.0 %

About USD Coin


USD Coin is a crypto project of the CENTRE consortium designed to convert US dollars into a similar cryptocurrency. It offers retail and institutional customers stablecoin USDC with open source code. The project is entirely transparent and properly managed by licensed companies.

USD Coin solves two pressing issues: high volatility of cryptocurrencies and difficulties when converting them to fiat money. This stablecoin allows saving assets during crypto market turmoil. It is supported by 17 wallets. USDC is also accepted as a means of payment by 19 blockchain platforms and 21 applications, including dApps and DeFi.

Circle startup history

It all started with fintech startup Circle established by Jeremy Allaire and Sean Neville. In July 2013, they registered Circle Internet Financial Ltd in Dublin (Ireland), in August 2013 — Circle Internet Financial Inc in Boston (USA). Both companies were involved in peer-to-peer and mobile payments and worked with fiat money. The American company was registered with FinCEN as a Money Services Business from the start. Mr Allaire is a chairman and CEO of Circle. Mr Neville started as a president and a board member, but in December 2019 he left the first position.

In 2013–2018, Circle attracted $246 million during seven rounds of funding. Such investment allowed the startup to join the crypto sector where it:

  • got BitLicense from the New York State Department of Financial Services (in September 2015);
  • got an EMI licence from the UK Financial Conduct Authority (in April 2016);
  • acquired crypto exchange Poloniex (in February 2018);
  • acquired crowdfunding platform SeedInvest (in March 2019).

In May 2018, when Circle closed the fifth round (of the E series) with $110 million, the team announced the development of the stablecoin. Officially they issued USD Coin in September 2018. The first thing it did was replacing Tether used by Poloniex as an alternative to the dollar.

Centre consortium history

In October 2018, crypto exchange Coinbase Pro decided to participate in the promotion of the new project. It listed stablecoin for the first time. It did not list anything like USDC before. In addition, Coinbase and Circle arranged a joint consortium CENTRE. Its work includes the creation of a standard and rules for issuers of the stablecoin and for those who integrate its acceptance.

In November 2018, CENTRE attracted seed investment separately from the parent companies — $20 million from the Digital Finance Group.

In June 2019, Circle and Coinbase announced the expansion of the consortium. Now, any crypto and fintech companies can become members of CENTRE and issue USDC. To do that, they need to comply with the following criteria:

  1. To have a regulator’s licence to render financial services.
  2. To follow FATF recommendation and AML regulations.
  3. To comply with the technical and operational requirements of CENTRE.
  4. To get confirmation of custodial politics by CENTRE’s financial partners.
  5. To pass regular audits and provide reports on the status of reserves.

Nobody has been able to make the cut according to these criteria yet, so the consortium still has only two members — Circle and Coinbase.

USD Coin cryptocurrency aspects

USD Coin is issued not on its own blockchain (the project does not have one) but on the basis of Ethereum. Due to the fact that the issue of the cryptocurrency utilises smart contracts and the ERC-20 standard, technically it is not a ‘coin’ but a token with a stable price. A minimum fraction is 0.000001 USDC, which is way less than a cent.

In June 2020, Circle announced a partnership with Algorand Foundation. Soon, USDC will be concurrently issued on the basis of the Algorand blockchain. Usually, tokens created in different blockchains are not compatible with each other. As a solution, the Circle and Algorand teams developed a special bridge to convert USDC of different origins and exchange ALGO coins for USDC tokens — all these without involving intermediaries.

By the way, about intermediaries: since USD Coin was listed on first exchanges (Poloniex and Coinbase Pro), the others also started happily listing it. Now it is already traded on 50 crypto exchanges. However, it is not necessary to use trading platforms because you can buy or sell USD Coin for fiat directly through the consortium members:

  • To buy USDC, the client transfers USD to the issuer’s bank account. The issuer, in their turn, creates a smart contract with the same number of tokens and sends them to the client.
  • To sell USDC, the client makes a request for redemption and sends them to the issuer’s address. He transfers USD to the client’s bank account and burns the redeemed tokens through a smart contract so that the balance of the reserve and tokens in circulation converges.

For now, the direct exchange is available through Circle and does not charge fees for transactions, except for ether gas, the fiat equivalent of which is nevertheless deducted from US dollars sent to the client. Also, during the first operations through CENTER members, individuals must pass the KYC procedure. Issuers are forced to verify clients due to the requirements of the consortium and regulators.

The USDC rate is pegged to the US dollar. Circle and CENTER maintain parity so that one token is equivalent to one fiat dollar. However, due to market volatility, which is stronger than the capabilities of these companies, deviations sometimes occur.

On our USD Coin chart, you can observe all token’s extremes. For example, on 18 March 2020, USDC set a low of $0.9701. It also reached a high of $1.04 twice — on 26 November 2018 and 12 March 2020.

The backing of the USDC stablecoin

The USDC price is stable because all issued tokens are backed by reserves on the accounts of Circle Internet Financial Inc. The company really does store dollars one-to-one and does not use cunning tricks like throwing in other assets or accounts receivable into the reserve.

To prove the transparency, Circle monthly goes through audits, and their results (pdf documents) are published on centre.io and circle.com with slight delays. The first audit took place way back in October 2018, and since then, not a month went by without it.

The first audit (October 2018) Amount
Tokens issued into circulation 127,408,827 USDC
Fiat dollars in custody accounts 127,412,240.89 USD
The 20th audit (May 2020) Amount
Tokens issued into circulation 730,800,467 USDC
Fiat dollars in custody accounts 746,657,617 USD

 

The permanent auditor is the New York branch office of Grant Thornton LLP. The American representative office has been in business since 1924 and sits on the sixth position on the local market, so its respectability and authenticity of results do not raise flags.

The user’s USD wallet in personal account is a simulation wallet. Buying and selling coins in indices, gains or losses thereon are a virtual simulation. We are not able to conduct any transactions with real currency. *Partnership service Coin-cap.pro does not offer the service of buying or selling cryptocurrencies.