The Graph vs USDC

General

Description

The Graph Logo
The Graph
 (GRT)

The Graph is a decentralized indexing protocol designed for efficiently querying blockchain data and is often referred to as the “Google of the blockchain world.” Using so-called subgraphs, developers can specifically retrieve data from blockchains like Ethereum, Polygon, or Avalanche. Data queries are executed via GraphQL, a query language that allows precise access to only the required information.

What is The Graph?
USDC Logo
USDC
 (USDC)

USDC is a regulated stablecoin pegged 1:1 to the US dollar. Issued by Circle, it is backed by reserves held in short-term US Treasuries and cash. A significant portion of these reserves is held via a BlackRock-managed fund and custodied at BNY Mellon. USDC is the second-largest stablecoin and is widely seen as the more compliance-focused alternative to USDT.

What is USDC?

Purpose and goals

The Graph Logo
The Graph
 (GRT)
  • Decentralized indexing of blockchain data
  • Data sourcing for decentralized applications
  • Open interfaces for developers
USDC Logo
USDC
 (USDC)
  • Digital dollar
  • MiCA-friendly access in the EU
  • Trading & liquidity

Price and market data

Price chart

The Graph
 (GRT)

$0.0396

-7.19%
USDC
 (USDC)

$1.00

-0.032%
Market data
The GraphUSDC
Market cap
$422.46M
$75.45B
Market share
0.013%
2.30%
Current price

$0.040

-$0.0012-3.01%

$1.0

-$0.00027-0.027%
GRT converterUSDC converter
All-time high
$2.84
Feb 12, 2021-98.60%
Crypto all-time highs
Cycle low
$0.033
+20.43%Dec 31, 2025
Prediction for 2026
Powered by AI
$0.086
+116.58%
GRT prediction
Price trend
Negative
(16/30 days)
Momentum
Negative
NegativePositive
Negative
Relative Strength Index
Neutral
BuySell
Neutral (47.63)
News sentiment
Neutral
NegativePositive
Neutral (64/100)

Last 30 days

GRT newsUSDC news
Price performance
-81.56%
-0.040%
Price performance
-53.20%
-0.036%
Price performance
+0.44%
-0.27%
Price performance
-7.19%
-0.032%
Price performance
-3.01%
-0.027%
Price performance
-1.90%
-0.025%
Annual return
+16.94%
-0.0063%
Annual return
-82.86%
-0.046%
Annual return
+13.99%
+0.068%
GRT returns
Total return
-66.24%
2020 – 2026
-0.64%
2018 – 2026
Average annual return
+52.53%
+16,436.31%
Transaction volume
$19.53M
24h
$12.22B
24h
Max supply
10.8B
Circulating supply
10.68B
75.47B
Inflation
11.81%
Year
63.27%
Year
Crypto inflation

On-chain data

Market data
The GraphUSDC
Total Value Locked (TVL)
What is Total Value Locked?
Market cap/TVL (ratio)
Transactions (24h)
8.45M
Active addresses (24h)
2.59M

Our rating

Our rating
The GraphUSDC
Our overall rating
The Graph
USDC
How we evaluate cryptocurrencies

Our individual ratings

Risk
The Graph: 6 of 10
Risk (The Graph)
USDC: 9 of 10
Risk (USDC)
The Graph Logo
USDC Logo
riskyless risky
Community
The Graph: 6 of 10
Community (The Graph)
USDC: 7 of 10
Community (USDC)
The Graph Logo
USDC Logo
smalllarge
Hype & momentum
The Graph: 5 of 10
Hype & momentum (The Graph)
USDC: 8 of 10
Hype & momentum (USDC)
The Graph Logo
USDC Logo
weakstrong
Active usage
The Graph: 7 of 10
Active usage (The Graph)
USDC: 7 of 10
Active usage (USDC)
The Graph Logo
USDC Logo
lowhigh
Network effect
The Graph: 6 of 10
Network effect (The Graph)
USDC: 7 of 10
Network effect (USDC)
The Graph Logo
USDC Logo
weakstrong
Decentralization
The Graph: 4 of 10
Decentralization (The Graph)
USDC: 0 of 10
Decentralization (USDC)
The Graph Logo
USDC Logo
centralizeddecentralized

Our opinion

The Graph Logo
The Graph
 (GRT)
The Graph is a key infrastructure protocol for Web3, enabling efficient querying of blockchain data—a challenge difficult to solve without specialized indexing. It has become the standard in DeFi, NFTs, and gaming, with many applications relying on its subgraphs. The use of GraphQL offers flexibility to developers, and its economic model with indexers, curators, and delegators ensures decentralized data provision. However, challenges remain. Indexing complex blockchains requires significant resources, potentially leading to dominance by a few large players. The model heavily depends on economic incentives—declines in demand or fee structures could impact network security. The variety of indexed data is still developing, limiting some use cases for developers. The Graph’s long-term dominance depends on how it competes with centralized providers like Alchemy or Moralis and its success in maintaining a truly decentralized network infrastructure. Currently, it is the leading decentralized solution for blockchain indexing, but centralized APIs remain a viable alternative in some cases.
What is The Graph?
USDC Logo
USDC
 (USDC)
For us, USDC is the best stablecoin when transparency and regulation are the priority. Circle publishes weekly reserve updates and has the backing attested monthly by a Big Four accounting firm. That is still unusual in the stablecoin market. For EU users, there is an additional practical benefit: since MiCA, many platforms have restricted or delisted USDT spot pairs, making USDC the more reliably available USD alternative on regulated exchanges. Availability can still vary by platform. That said, USDC is not risk-free. The brief depeg in 2023 was a reminder that even cash reserves can carry counterparty risk. At the time, Circle had $3.3 billion of USDC reserves at Silicon Valley Bank. Our takeaway: USDC is the clean choice for users who want to stay within a regulated framework. If you need maximum global liquidity above all else, USDT is often still the better tool.
What is USDC?

Details

Info
The GraphUSDC
Founder
Yaniv Tal, Brandon Ramirez, Jannis Pohlmann
Circle, Coinbase (CENTRE Consortium)
Developer
Edge & Node
Circle Internet Group
Published
2020
2018
Open source
Yes
No
Sector
Indexing
Stablecoin
Key feature
Blockchain Data Indexing
Price stability (USD peg)
Blockchain
Ethereum Blockchain
Multi-chain
Staking
Yes
No
Consensus mechanism
Proof of Stake
Network-dependent (multi-chain)
Energy consumption
Low
Low
Transactions per second
Institutional investors
  • Multicoin Capital
  • Coinbase Ventures
  • Tiger Global Management
  • Digital Currency Group
  • Framework Ventures
  • Fenbushi Capital
  • etc.
  • BlackRock
  • Fidelity Investments
  • Accel
  • Coinbase
  • Breyer Capital
  • Marshall Wace LLP
  • etc.
Community
342,793 followers
64,410 followers
Website
thegraph.com
www.usdc.com
Whitepaper
Whitepaper
Whitepaper
The Graph vs USDC

The Graph or USDC

Market data comparison of GRT versus USDC

The current price of The Graph is $0.040 and has decreased by in the last 24 hours. USDC is currently trading at $1.0, with a drop of over the same period. The Graph has a market cap of $422.46M and ranks 174th. USDC follows with a market cap of $75.45B, ranking 7th — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy The Graph or USDC?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both The Graph and USDC. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in The Graph or USDC, you can take a look at some additional market data to help with your decision:

The Graph currently has a 99.84% lower 24h transaction volume of $19.53M compared to USDC with $12.22B.
Over the past year, The Graph achieved a total return of , while USDC returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like The Graph and USDC. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy The Graph or USDC?

Today, there are many reputable and secure exchanges that make it easy to invest in The Graph and USDC. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both The Graph and USDC are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for The Graph and USDC?

If you want to store cryptocurrencies like The Graph or USDC yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for The Graph, USDC, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2026-01-16T15:50:36.197251+00:00. Sources: CoinGecko, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a recommendation to buy, sell, or hold cryptocurrencies, nor as a guarantee of future price developments. You are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and can result in the total loss of your capital. Past performance is not indicative of future results. We do not accept any liability for the timeliness, accuracy, or completeness of the information provided, including content from external or third-party sources. All actions are taken at your own risk. Some links on this website are affiliate links. If you purchase a product or use a service through these links, we may receive a commission at no additional cost to you. Our content, comparisons, and rankings remain editorially independent. This helps us provide free content and continue developing the platform. Thank you for your support.