Fundamentals
Price & Market Statistics
| Metric | Value |
|---|---|
| USDC Price | $1.00 |
| 24h High / 24h Low | $1.00 / $1.00 |
| Trading Volume | $9.98B |
| Price Change (24h) | $0.00 |
| Price Change % (24h) | 0.003% |
| Market Cap Rank | #7 |
| Market Cap | $62.06B |
| Market Cap Change (24h) | +$423.21M |
| Market Cap Change % (24h) | 0.687% |
| Volume / Market Cap | 0.1608 |
| All-Time High | $1.17 |
| All-Time Low | $0.88 |
👉 Discover real-time USDC price trends
About USD Coin (USDC)
What Is USDC?
USD Coin (USDC) is a regulated stablecoin pegged 1:1 to the US dollar, widely used in decentralized finance (DeFi) and crypto trading for its price stability.
Founders and Development
Launched in 2018 by Circle and Coinbase under the Centre Consortium, USDC combines institutional trust with blockchain efficiency.
Key Features
- Full fiat backing: Reserves held in cash and short-duration Treasuries.
- Monthly audits: Verified by independent accounting firms.
- Multi-chain availability: Issued on Ethereum, Solana, and other blockchains.
Security Measures
USDC leverages the underlying blockchain’s security (e.g., Ethereum’s PoS) and complies with AML/CFT regulations.
Role in Crypto
- DeFi liquidity: A backbone for lending protocols and DEXs.
- Trading pair: Hedge against volatility across exchanges.
Upgrades and Governance
The Centre Consortium oversees protocol upgrades, ensuring compliance and scalability.
Frequently Asked Questions (FAQs)
Is USDC Legal?
Yes. USDC adheres to U.S. money transmission laws and is licensed in multiple jurisdictions.
Can USDC Be Hacked?
While the blockchain itself is secure, users must practice safe wallet management (e.g., hardware wallets, 2FA).
Can I Use USDC for Everyday Purchases?
Yes! Many merchants and payment processors accept USDC for cross-border transactions with low fees.
👉 Explore USDC use cases in DeFi
Final Thoughts
USDC’s transparency, stability, and institutional backing make it a top-tier stablecoin for traders and developers alike. Stay updated with real-time data to maximize its utility in your crypto portfolio.
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### Notes:
- Removed promotional links and redundant sections.