BLC

Balance Coin price
BLC
#5215

$0.9944  

0.53% (1d)

Balance Coin to USD Chart

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Balance Coin statistics

Market cap
$3.49M

0.00%

Volume (24h)
$12.73K

120.23%

FDV
$3.49M
Vol/Mkt Cap (24h)
0.3644%
Total supply
3.51M BLC
Max. supply
3.51M BLC
Self-reported circulating supply
3.51M BLC
100%
BLC to USD converter
BLC
USD
Price performance
24h 
Low
$0.954
High
$1.01
All-time high
Jan 29, 2025 (1 day ago)
$1.07
-7.34%
All-time low
Jan 30, 2025 (9 hours ago)
$0.954
+4.23%
See historical data


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Balance Coin Markets

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About Balance Coin

Balance Coin (BLC) is a decentralized algorithmic stablecoin within the Balance Protocol, designed to maintain a stable peg to the U.S. dollar for use in various DeFi applications. With a sophisticated algorithmic stability mechanism, BLC dynamically adjusts its supply to ensure consistency amidst market fluctuations. Users mint BLC by collateralizing assets such as BTC, ETH and BCH, backing its value and reducing risk. The protocol facilitates seamless exchanges between BLC and other cryptocurrencies or fiat currencies, while BLC also integrates with B-Stablecoins pegged to different fiat currencies, enhancing transactional options. Governance is decentralized through the 42DAO community, allowing FTD token holders to influence key decisions and ensuring BLC remains aligned with user needs.