USDC.e

USD Coin Bridged price 
USDC.e

$0.9998  

0.04% (1d)

USD Coin Bridged to USD Chart

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USD Coin Bridged statistics
Market cap
 

0.00%

$0
#2350
Volume (24h)
 

68.42%

$552,450,315
#39
Volume/Market cap (24h)
 
--
Self-reported circulating supply
 
0 USDC.e
0.00%
Total supply
 
1,474,216,099 USDC.e
Max. supply
 
1,474,216,099 USDC.e
Fully diluted market cap
 
$1,473,879,507
USDC.e to USD Converter
USDC.e
USD
Price performance
24h 
Low
$0.9995
High
$1.00
All-time high
May 12, 2022 (2 years ago)
$1.02
-1.95%
All-time low
Mar 11, 2023 (a year ago)
$0.8823
+13.32%
See historical data
Popularity
In watchlists604x
6580th / 8.9K
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USD Coin Bridged news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About USD Coin Bridged

What Is USD Coin (USDC)? USD Coin (known by its ticker USDC) is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.

The stablecoin originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.

Several use cases have been unveiled for the USD Coin. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.

Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

Who Are the Founders of USD Coin? The Centre Consortium has two founding members. One of them is the peer-to-peer payment services company Circle, while the other is the Coinbase cryptocurrency exchange. Other crypto ventures are open to join this consortium.

Explaining the rationale behind USDC, Circle co-founders Jeremy Allaire and Sean Neville wrote: “We believe that an open internet of value exchange can transform and integrate the world more deeply, eventually eliminating artificial economic borders and enabling a more efficient and inclusive global marketplace that connects every person on the planet.”

In 2020, Circle and Coinbase collectively announced a major upgrade to USDC’s protocol and smart contract. The goal of these enhancements is to make it easier for USD Coin to be used for everyday payments, commerce and peer-to-peer transactions.

 
 
 
 
 
 
 
 
 
 

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