USDC (USDC) Price Today, Live Chart & History

USDC
USDC
Buy USDC
Sell USDC
$ 0.999719
0.00001286 BTC
Marketcap
$ 76,006,502,252
Volume (24h)
$ 12,607,878,504
Circulating Supply
76,022,921,091 USDC
Total Supply
76,052,637,456 USDC

 

USDC (USDC) Price Chart

Explore the USDC (USDC) live price chart for in-depth insights into its market performance.

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USDC (USDC) Price History

Delve into the USDC (USDC) price history to understand its long-term value trends.

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Historical Price for USDC
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USDC (USDC) to USD Converter

Use our USDC to USD converter to seamlessly convert USDC (USDC) for accurate financial planning.

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What is USDC?

USDC is a U.S. dollar–pegged stablecoin designed to hold a value close to $1. It helps people and businesses move dollars on public blockchains with speed and low fees. USDC is issued by Circle and is available on major networks such as Ethereum, Solana, Base, and others. Because it is programmable, developers can settle payments and build dollar-based apps that run 24/7.

How Does USDC Work?


When verified customers deposit dollars with the issuer, new USDC can be minted and sent to them. When they redeem, USDC is burned and dollars are returned. This mint-and-redeem process supports the $1 peg alongside market makers who trade USDC around par. Users transfer USDC like any other token on the chain they choose. Network fees depend on the underlying blockchain, not on USDC itself.

What Makes USDC Different?


USDC emphasizes transparency and compliance. The issuer publishes regular reserve attestations by an independent accounting firm, describing the assets that back USDC. The token is widely supported across exchanges, wallets, and payment providers, and has native versions on multiple chains. Tools such as cross-chain transport protocols help apps move USDC between supported networks while keeping final settlement on-chain.

History and Development


USDC launched in 2018 through Centre, a framework initially set up by Circle and Coinbase. Over time, Circle took over direct issuance and expanded USDC to additional blockchains. The ecosystem added developer tooling, enterprise integrations, and methods for more efficient cross-chain transfers. Upgrades are coordinated in public, with documentation and SDKs for builders.

Token Supply and Economics


USDC has no fixed cap. Supply expands when new tokens are minted against incoming dollars and contracts when tokens are redeemed and burned. Reserves are held in cash and short-duration U.S. Treasuries or similar cash equivalents, according to issuer disclosures. Holding USDC does not earn protocol yield. USDC is typically divisible to 6 decimal places, though specifics can vary by chain.

Use Cases of USDC


Traders use USDC as a stable quote asset and for fast settlement between exchanges. Individuals send cross-border payments and manage dollar balances without bank wires. Businesses invoice in USDC and reconcile payments programmatically. In DeFi, USDC is common collateral in lending markets and liquidity pools, and is used for stable swaps, payroll, and subscriptions.

Advantages of USDC


Dollar stability: designed to track $1 closely

Transparent reserves: regular third-party attestations

Broad support: exchanges, wallets, and payment platforms

Multi-chain access: choose networks for speed and fees

While USDC offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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