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1 USDC =

$ 1.0007

-0.0002 -0.02%

18:28:09 - Real-time Data . ( Disclaimer )

Market Cap:

$55.88B

Circulating Supply:

USDC55.87B

Max Supply:

USDC0

Vol (24H):

$3.73B

Chg (7D):

0%

Day's Range:

1.0006 - 1.0008

Solend Backtracks on Plan to Take Over Whale Account After User Outcry

Solend Backtracks on Plan to Take Over Whale Account After User Outcry By Investing.com - Jun 20, 2022

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By Geoffrey Smith Investing.com -- The world's most important stablecoin, Tether, wobbles as the rout in crypto deepens. The U.S. producer price index for April is due, a day...

Tether Falls Against Dollar as Crypto Selloff Deepens

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By Geoffrey Smith Investing.com -- The world's biggest stablecoin fell below its notional peg of 1:1 against the dollar on Thursday as the global selloff in cryptocurrencies...

Crypto: Terra’s stablecoin crashed. What does it mean for its counterparts? Here are the potential winners and losers

Crypto: Terra’s stablecoin crashed. What does it mean for its counterparts? Here are the potential winners and losers

By MarketWatch - May 12, 2022

Investors are closely watching what Terra's fall may mean for other stablecoins. They play an important role in the crypto ecosystem and account for about 13% of the crypto...

U.S. CPI, TerraUSD De-Pegged, Disney Earnings - What's Moving Markets

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By Geoffrey Smith Investing.com -- The U.S. will publish inflation numbers for April to a world desperate for some signs that the surge in U.S. prices has peaked. Stablecoin...

Axie Infinity surges 10%, best performing crypto in top 30

Axie Infinity surges 10%, best performing crypto in top 30 By Investing.com - Nov 04, 2021

By Samuel Indyk Investing.com – Axie Infinity was the best performing cryptocurrency in the top 30 on Thursday morning, trading just below its all-time high hit last month of...

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Neil Mitchell Apr 27, 2022 21:45

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Being a premium cryptocurrency earner, I have been able to create a good history with Mr.bill artoise Trade service, with his daily signals have made over $500k in 14days. I’d like to recommend him to newbies and current investors to take advantage of her program. Mr bill artoise Trade can be reached on I’m🆃🅴🅻🅴🅶🆁🅼@Billartoise

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Neil Mitchell Apr 27, 2022 21:44

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Being a premium cryptocurrency earner, I have been able to create a good history with Mr.bill artoise Trade service, with his daily signals have made over $500k in 14days. I’d like to recommend him to newbies and current investors to take advantage of her program. Mr bill artoise Trade can be reached on I’m🆃🅴🅻🅴🅶🆁🅼@Billartoise

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Hassan Muhammad Aug 10, 2021 11:52

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hassan Muhammad

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Uwalaka Aloy Emmanuel Apr 04, 2021 13:05

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alittle bit time to raise up

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ndmicheal nd Apr 04, 2021 13:05

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Good afternoon

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ndmicheal nd Apr 04, 2021 13:05

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grantosa my name is Michael and I'm trying to know how I can be able to beat Reading

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Leading Cryptocurrencies

Bitcoin $21,118.1 BTC +0.69%
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Binance USD $1.0007 BUSD -0.01%

Electronic Energy Ongoing (1)
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FAQ

What is USD Coin?
USD Coin is a fiat-backed digital currency created by Circle and managed by a consortium called Center. Pegged to the US dollar, the USD coin is the second most popular stablecoin after Tether. It has expanded its operations beyond the Ethereum network and is now available on several protocols, including Stellar, Algorand, Solana, Tron, and the Hedera Hashgraph network. Aside from Circle, other notable investors like popular US crypto exchange Coinbase and Bitcoin mining company Bitmain have vested interests in the USD coin. The coin serves as the payment rail for most crypto investors to access the decentralized finance (DeFi) ecosystem and the larger crypto market.
How to buy USD Coin
To buy USD Coin, you will have to open an account with any exchange that supports the stablecoin. The most popular option is to use Coinbase, where you can easily convert other cryptocurrencies to USDC. Once your account is created, you can go ahead and buy any amount of USD Coin you want. Remember that the USD Coin is pegged on a 1:1 ratio to the US dollar, so you won’t be getting more than the amount you put into it. Once you complete your purchase, you can leave it on the platform or send it to a private wallet. You can also consider using hardware wallets like Ledger Nano series or Trezor to keep your USD Coin safe.
Is USD Coin safe?
The questions surrounding fiat backing for stablecoins have led many to doubt the veracity of those behind stablecoins. However, the USD Coin is considered a safer option than Tether’s USDT for a few reasons. One of them is that USD Coin has not been involved in any legal battle with regulators; this contrasts with Tether, which is still currently sorting out its fiat reserves. Also, the Federal Deposit Insurance Commission (FDIC) has insured USD Coin accounts, which goes a long way to allay user fears about its service.
What is USD Coin used for?
Like most stablecoins, crypto investors use USD Coins as a payment rail to access the crypto market. Fiat is converted to digital assets, which are then used to buy and sell other cryptocurrencies. Aside from this, the USD Coin is meant to offer the feature of stability that other cryptocurrencies lack. Digital assets like Bitcoin are highly volatile; they may gain 20% in a day and lose much more a few days later. Digital currencies like USD Coin stem this volatile tide while enabling users to gain reasonable interests in their assets. An obvious feature is the ease of transfer. USD Coin can move from one wallet or user to another within a split second. This is ideal for users who want to send money overseas as they will get instantaneous feedback instead of waiting hours or days.
Who created USD Coin?
USD Coin was made by the tech company Circle and is currently managed by a consortium called Center. The project is backed by Coinbase, which also supports its purchase, and Bitmain. The USD Coin has since climbed up the ranks of stablecoins and is now considered a viable alternative to the controversial USDT coin.
How does USD Coin work?
USD Coin works with the standard regulatory protocol. Interested users must complete a know-your-customer (KYC) process to use USD coin. After this process is complete, they can link their bank account and transfer US dollars to your USD Coin account. You can also transfer back your USD Coin to your regular bank account