#8 rank
Usd Coin

Usd Coin usdc

Usd Coin Price in INR

₹84.16

0.08%

0 ETH

1 USD

0 BTC

Price Change

MIN

MAX

Usd Coin Price Statistics

Current Price

₹84.16

Fully Diluted MarketCap

₹2,728,636,146,237.402

Total Volume

4,602,567,662

Total Supply

32,415,849,511.392

Circulating Supply

32,427,151,955.353

What is USD Coin (USDC)?

USDC usd-coin|c|usdc is a stablecoin equal to the value of a US dollar. A stablecoin is a cryptocurrency whose value is pegged or matched to another fiat currency like the US Dollar. USDC was launched in October 2018. Every unit of USDC is backed by $1 in reserve. The reserve consists of cash and short-term US treasury bonds. USDC is transparent about its reserve backing, unlike Tether USDT

The Team Behind USDC

USDC stablecoin is founded by the Centre Consortium. The Centre consortium has two founding partners. One is the peer-to-peer payment services firm Circle, while the other is Coinbase, the Cryptocurrency exchange. Other crypto ventures are open to joining this consortium

Top Value Drivers For USDC

The main reasons to invest in USDC include: - Unlike its rival Tether, USDT, which has been involved in repeated investigations, USDC has never been accused of any wrongdoing. - Circle and Coinbase have achieved regulatory compliance. - The high volatility of the crypto markets means cryptocurrencies can rise or fall by 10-20% within a single day, making them unreliable as a store of value. USDC, on the other hand, is protected from these fluctuations. - USDC provides a simple way to transact a U.S. dollar equivalent between different countries via blockchain — without relying on a slow and expensive intermediary, like a bank or a financial services provider

FAQs

The current price of Usd Coin is INR 84.16.

The total supply of Usd Coin is 32,415,849,511.392 and circulating supply of Usd Coin is 32,427,151,955.353

The trading volume of Usd Coin is 4,602,567,662 in the last 24 hours.