$0.9997 | Current price |
|---|---|
$72.90B | Market cap |
-0.0% | 24h change |
-0.0% | 1y change |
USDC market overview
Price data
$0.9997 | Current price |
|---|---|
– | All-time high |
$72.90B | Market cap |
$16.71B -10.5% | Transaction volume (24h) |
Price performance
-0.0% | Day |
|---|---|
-0.0% | Week |
-0.0% | Month |
-0.0% | Year |
USDC news
News sentiment
About USDC
What is 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.
Sector | Stablecoin |
Key feature | Price stability (USD peg) |
Founder | Circle, Coinbase (CENTRE Consortium) |
Published | 2018 |
Social media | 89,430 |
Links |
Blockchain | Multi-chain |
Consensus mechanism | Network-dependent (multi-chain) |
Staking | No |
Open source | No |
Energy consumption | Low |
Transactions per second | – |
Our USDC rating
What we think
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.
USDC price comparison
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$0.9997
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$0.9997
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