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Price of USDC today

The live price of USDC is $1.0000 per (USDC / USD) today with a current market cap of $42.90B USD. The 24-hour trading volume is $7.89B USD. USDC to USD price is updated in real time. USDC is -0.01% in the last 24 hours. It has a circulating supply of 42,905,820,000 .

What is the highest price of USDC?

USDC has an all-time high (ATH) of $2.35, recorded on 2021-11-16.

What is the lowest price of USDC?

USDC has an all-time low (ATL) of $0.8774, recorded on 2023-03-11.
Calculate USDC profit

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 Neutral.
According to the USDC 1d technical analysis, the trading signal is Strong buy.
According to the USDC 1w technical analysis, the trading signal is Sell.

What will the price of USDC be in 2025?

Based on USDC's historical price performance prediction model, the price of USDC is projected to reach $1.56 in 2025.

What will the price of USDC be in 2030?

In 2030, the USDC price is expected to change by -17.00%. By the end of 2030, the USDC price is projected to reach $2.74, with a cumulative ROI of +174.51%.

USDC price history (USD)

The price of USDC is -0.01% 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 $0.9978.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.01%$0.9996$1
7d+0.02%$0.9982$1
30d+0.03%$0.9982$1
90d-0.02%$0.9982$1
1y-0.01%$0.9978$1
All-time-0.39%$0.8774(2023-03-11, 1 years ago )$2.35(2021-11-16, 3 years ago )

USDC market information

Market cap
$42,904,589,507.76
-0.01%
Fully diluted market cap
$42,904,589,507.76
-0.01%
Volume (24h)
$7,894,456,073.24
-52.08%
Market rankings
Circulation rate
99.00%
24h volume / market cap
18.40%
Circulating supply
42,905,820,000 USDC
Total supply / Max supply
42.91B USDC
-- USDC
Buy USDC now

USDC ratings

Average ratings from the community
4.5
102 ratings
This content is for informational purposes 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)?

How to buy USDC(USDC)

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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 $1.0000, with a 24h price change of -0.01%. Traders can profit by either going long or short onUSDC futures.

USDC futures trading guide

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

USDC news

AIXBTUSDT now launched for futures trading and trading bots
AIXBTUSDT now launched for futures trading and trading bots

Bitget has launched AIXBTUSDT for futures trading with a maximum leverage of 75, along with support for futures trading bots, on December 21, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. AIXBTUSDT-M perpetual futures: Parameters Details Listi

Bitget Announcement2024-12-21 08:44
FARTCOINUSDT now launched for futures trading and trading bots
FARTCOINUSDT now launched for futures trading and trading bots

Bitget has launched FARTCOINUSDT for futures trading with a maximum leverage of 75, along with support for futures trading bots, on December 21, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. FARTCOINUSDT-M perpetual futures: Parameters Details

Bitget Announcement2024-12-21 08:53
CGPTUSDT now launched for futures trading and trading bots
CGPTUSDT now launched for futures trading and trading bots

Bitget has launched CGPTUSDT for futures trading with a maximum leverage of 75, along with support for futures trading bots, on December 21, 2024 (UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. CGPTUSDT-M perpetual futures: Parameters Details Listing

Bitget Announcement2024-12-21 08:52
More USDC updates

FAQ

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 $42,904,589,507.76 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 $7.89B.

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 USD Coin 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.

Where can I buy USDC (USDC)?

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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.

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Bitget Insights

BGUSER-SENNAM5H
BGUSER-SENNAM5H
2h
Hyperliquid, a decentralized trading platform, has demonstrated significant growth and innovation, positioning it as a notable player in the cryptocurrency market. Analysts project a positive trajectory for Hyperliquid's native token, HYPE, with forecasts suggesting a rise to €71.87 by the end of 2024 and further increases to €85.07 in 2025, €119.43 in 2026, and €150.76 by the end of 2027. The platform's unique features, such as a fully on-chain order book and decentralized trading capabilities, have attracted substantial user engagement. Recent data indicates that Hyperliquid's trading volume accounts for over 50% of the perpetual contract decentralized exchange (DEX) market, with open interest representing about 10% of Binance's. This dominance is expected to grow as the platform continues to innovate and expand its offerings. Additionally, Hyperliquid has experienced significant capital inflows, with reports of $1 billion in USDC and a total value locked (TVL) of $3.2 billion. This financial growth underscores the platform's increasing liquidity and user trust. However, it's important to consider potential risks, including validator centralization, ecosystem quality, DeFi innovation challenges, regulatory changes, and market volatility. Investors should conduct thorough research and assess their risk tolerance before making investment decisions. In summary, Hyperliquid's innovative approach and strong market presence suggest a promising future, with anticipated growth in token value and platform adoption. Nonetheless, potential investors should remain aware of the associated risks and market dynamics.
HYPE+4.96%
USDC0.00%
Baby_Baji
Baby_Baji
2h
Hyperliquid's explosive growth, fueled by the HYPE
Hyperliquid's explosive growth, fueled by the HYPE token launch and USDC inflows, has indeed painted an optimistic picture for the platform. The sharp rise in Total Value Locked (TVL) and price reflects investor confidence and heightened activity, with TVL surging to over $3.4 billion and the HYPE token price reaching $30 ¹ ². However, caution is warranted due to the steep trajectory. To sustain this momentum, Hyperliquid must focus on maintaining liquidity, expanding use cases for HYPE, and attracting new participants to its ecosystem. The next few weeks will be critical in determining whether this growth is a short-term spike or the beginning of long-term success. Several factors contribute to Hyperliquid's growth potential: - *Exchange Development Opportunities*: Hyperliquid dominates the perpetual contract DEX market, with recent trading volume accounting for over 50% ³. - *EVM Ecosystem Opportunities*: The upcoming launch of HyperEVM, an Ethereum-compatible chain, is expected to enhance capital efficiency and give rise to innovative DeFi applications ³. - *Revenue Composition and Valuation*: Hyperliquid's revenue model, which includes token buybacks and ecosystem vaults, may contribute to its growth potential ³. Overall, while Hyperliquid's growth is promising, it's essential to monitor the platform's progress and adjust strategies accordingly to ensure long-term success.
HYPE+4.96%
USDC0.00%
INVESTERCLUB
INVESTERCLUB
3h
Hyperliquid runs with an EVM bridge that is secured by the same validator set as the Hyperliquid L1.
$HYPE Hyperliquid runs with an EVM bridge that is secured by the same validator set as the Hyperliquid L1. Deposits to the bridge are signed by validators on the L1 and are credited when more than 2/3 of the staking power has signed the deposit. Withdrawals from the L1 are immediately escrowed on the L1, and validators sign the withdrawal as separate L1 transactions. When 2/3 of the staking power has signed the L1 withdrawal, an EVM transaction can be sent to the bridge to request the withdrawal. After a withdrawal is requested, there is a dispute period during which the bridge can be locked for a malicious withdrawal that does not match the L1. Cold wallet signatures of 2/3 of the stake-weighted validator set are required to unlock the bridge. After the dispute period, finalization transactions are sent, which distribute the USDC to the corresponding destination addresses. There is a similar mechanism to maintain the set of active validators and their corresponding stake on the bridge contract. Withdrawals do not require any Arbitrum ETH from the user. Instead, a withdrawal fee of 1 USDC is paid by the user on the L1 to cover the Arbitrum gas costs of the validators. The bridge and its logic in relation to the L1 staking have been audited by Zellic. See the Hyperliquid github repository for the full bridge code, and the Audits section for the audit reports.$HYPE
ETH-2.94%
HYPE+4.96%
RAPHEAL07
RAPHEAL07
6h
Trading Strategies,logics or Possible Portfolios Which would produce much Yields for $HOLD.
Here are some trading strategies, logical approaches, and potential portfolio ideas that could help maximize yields for $HOLD: ### Trading Strategies 1. **Swing Trading** - **Logic**: Capitalize on short- to medium-term price fluctuations by buying low and selling high. - **Approach**: Use technical analysis to identify entry and exit points based on chart patterns, support/resistance levels, and indicators like RSI or MACD. 2. **Dollar-Cost Averaging (DCA)** - **Logic**: Mitigate the effects of volatility by investing fixed amounts of money at regular intervals. - **Approach**: Set a schedule (e.g., weekly or monthly) to purchase $HOLD, regardless of price, to average the cost over time. 3. **Arbitrage Opportunities** - **Logic**: Take advantage of price discrepancies across different exchanges. - **Approach**: Monitor multiple exchanges for price differences of $HOLD and execute trades to profit from these variances. 4. **Staking and Yield Farming** - **Logic**: Earn passive income by participating in the network. - **Approach**: Stake $HOLD tokens in liquidity pools or yield farms to earn rewards in $HOLD or other tokens. Research APY rates to maximize returns. 5. **Trend Following** - **Logic**: Identify and capitalize on market trends. - **Approach**: Use moving averages or trend lines to determine the direction of the market and make trades that align with the prevailing trend. ### Portfolio Ideas 1. **Balanced Portfolio** - **Composition**: 40% $HOLD, 30% BTC, 20% ETH, 10% stablecoins (e.g., USDC, USDT). - **Objective**: Balance growth potential with stability. $HOLD can provide growth, while stablecoins reduce volatility. 2. **High-Risk, High-Reward Portfolio** - **Composition**: 50% $HOLD, 30% altcoins (e.g., promising DeFi projects), 20% BTC. - **Objective**: Focus on aggressive growth by investing heavily in $HOLD and other high-potential altcoins while keeping a small allocation in BTC for stability. 3. **Yield-Focused Portfolio** - **Composition**: 40% $HOLD in staking/yield farming, 30% stablecoins in high-yield savings, 30% diversified DeFi tokens. - **Objective**: Maximize passive income by leveraging staking and yield farming opportunities while maintaining liquidity with stablecoins. 4. **Diversified DeFi Portfolio** - **Composition**: 25% $HOLD, 25% other DeFi tokens (e.g., Uniswap, Aave), 25% stablecoins, 25% NFTs or emerging projects. - **Objective**: Exposure to various sectors within DeFi to capture growth from multiple sources. $HOLD ### Conclusion These strategies and portfolio ideas can help optimize yields for $HOLD. It's crucial to assess your risk tolerance, market conditions, and investment goals before implementing any strategy. Regularly reviewing and adjusting your portfolio based on market dynamics will also contribute to long-term success.
BTC-0.26%
HOLD+2.04%
SHAHZAIN-SANJRANI99
SHAHZAIN-SANJRANI99
9h
# Top 10 Cryptocurrencies by Market Capitalization (December 20, 2024) 1. Bitcoin ($BTC): $96,879.80, Market Cap: $1.92T 2. Ethereum ($ETH): $3,428.63, Market Cap: $413.56B 3. Tether (USDT): $0.9998, Market Cap: $140.59B 4. XRP ($XRP): $2.25, Market Cap: $128.55B 5. BNB ($BNB): $672.05, Market Cap: $96.79B 6. Solana ($SOL): $191.18, Market Cap: $91.62B 7. Dogecoin ($DOGE): $0.312, Market Cap: $45.95B 8. USDC (USDC): $0.9999, Market Cap: $42.26B 9. Cardano ($ADA): $0.8866, Market Cap: $31.14B 10. TRON ($TRX): $0.2454, Market Cap: $21.15B # Market Overview • Total Cryptocurrency Market Capitalization: Approximately $3.35T • Bitcoin Dominance: 57.28% • Ethereum Dominance: 12.4%
BTC-0.26%
DOGE+1.31%

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