Price Information
1 Year Change
All Time High
$1.91 -47.52%
About USDC
USDC Price Pulse: What’s Moving It?
USDC (USD Coin) currently holds a stable price of $1.00, with a minimal 24-hour change of -0.05%. As a stablecoin, USDC is designed to maintain parity with the US dollar, making its price movements generally negligible compared to other cryptocurrencies. However, slight fluctuations can occur due to market sentiment, liquidity demands, or short-term arbitrage opportunities.
With a market capitalization of over $76 billion, USDC is one of the largest stablecoins in circulation. Its price stability is primarily maintained by backing reserves composed of cash and short-term US government securities held by regulated financial institutions. Changes in the overall crypto market environment, regulatory news, or shifts in investor confidence can contribute to minor price variations.
USDC Price Catalysts: Bull Case & Bear Case
Bull Case: USDC's value proposition rests on its regulatory compliance, transparency, and strong backing by reputable financial institutions. Growing adoption of stablecoins for decentralized finance (DeFi), cross-border payments, and as a safe haven during crypto volatility can drive demand higher. Continued integration into financial systems and strengthening regulatory frameworks could enhance trust and liquidity, further solidifying USDC's role as a reliable digital dollar.
Bear Case: Despite its stability, USDC faces risks including regulatory crackdowns, competition from other stablecoins (like Tether, USDT), and potential issues related to reserve transparency or redemption processes. Market panic or loss of confidence in USDC's backing assets can lead to temporary price dips below $1. Additionally, macroeconomic factors such as rising interest rates might affect the holding institutions’ returns on reserves, indirectly influencing USDC's stability.
Frequently asked questions
USDC's slight price decrease of -0.05% is likely due to minor market fluctuations, temporary liquidity demands, or short-term arbitrage rather than fundamental issues. As a stablecoin pegged to the US dollar, its price typically remains very close to $1.00.
USDC is a stablecoin pegged 1:1 to the US dollar. It maintains price stability by holding equivalent reserves in cash and US government securities, overseen by regulated entities, ensuring each token is backed by real assets.
While USDC is designed to be stable and reliable, it carries risks typical of stablecoins, such as regulatory changes or reserve management issues. It is generally considered safer than volatile cryptocurrencies but not entirely risk-free.
USDC emphasizes regulatory compliance and transparency, regularly publishing reserve attestation reports. Tether is older and more widely used but has faced scrutiny over transparency and reserve backing.
USDC is designed to maintain a $1 peg, but slight deviations can occur temporarily due to market forces. Prolonged drops below $1 may indicate a loss of confidence or redemption issues but are rare.
Investors use USDC for stable value storage, trading pairs, earning interest in DeFi protocols, or transferring funds across exchanges and borders with minimal price risk.
Popular USDC Exchanges
Kraken.com is one of the world’s largest and longest-standing cryptocurrency broker trading platforms. Founded in 2011 and headquartered in the U.S., it provides users with access to a wide range of digital assets such as Bitcoin, Ethereum, and many altcoins.
Rating:
3.9
Reviews:
33
Figure Markets is a new crypto trading platform where users fully control their own funds, with low trading fees and up to 8% interest on stablecoins.
eToro is a multi asset social trading platform. Its standout feature is copy trading, letting you mimic successful investors. User-friendly and regulated, it’s great for both beginners and experienced traders.
Rating:
3.2
Reviews:
5
Bitpanda is a European neobroker on a mission to democratize the complex world of investing. With low fees, 24/7 trading and real-time settlement, Bitpanda empowers users to shape their financial futures - on their own terms.
Rating:
2.9
Reviews:
21
Binance is the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. Their mission is to be the infrastructure provider for crypto in tomorrow’s world.
Rating:
3.4
Reviews:
13
Cryptomus offers a secure, user-friendly platform for buying, selling, and managing crypto, with P2P trading, staking (up to 20% APR), and mobile access for seamless transactions.
Rating:
4.9
Reviews:
3
Bitget, founded in 2018 during a crypto downturn, is a global exchange focused on user-centric innovation. With roots in traditional finance, its team saw blockchain’s potential early on. Today, Bitget aims to make crypto trading more accessible while promoting long-term industry growth.
Coinbase is a digital asset broker headquartered in San Francisco, offering exchanges of Bitcoin, Ethereum, and other crypto assets in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Rating:
3.5
Reviews:
20
Gemini is a regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy bitcoin, ether, and other cryptocurrencies. The company is expanding internationally into Europe and Asia.
Rating:
4.0
Reviews:
1
CoinJar is a platform for buying, selling, and managing Bitcoin and other cryptocurrencies. It caters to both everyday users and professional traders, offering user-friendly tools and ultra-competitive fees on the CoinJar Exchange. Among their products you can find a crypto wallet, exchange, and credit card.
Cryptocurrencies
$103,196.34
-2.3 %Best price for Bitcoin at
$3,466.73
-2.0 %Best price for Ethereum at
$0.98
0.0 %Best price for Tether at
$2.43
-4.7 %Best price for Ripple at
$965.30
-1.8 %Best price for Binance Coin at
$158.91
-4.7 %Best price for Solana at
$1.00
-0.0 %Best price for USDC at
$3,469.45
-2.0 %Best price for Lido Staked Ether at
$0.18
-2.4 %Best price for Dogecoin at
$0.30
1.7 %Best price for TRON at
Save Money on Your Next Crypto Purchase
- Best Places to Buy BTC Bitcoin
- Best Places to Buy ETH Ethereum
- Best Places to Buy SOL Solana
- Best Places to Buy XRP Ripple
- Best Places to Buy BNB Binance Coin
- Best Places to Buy ADA Cardano
- Best Places to Buy DOT Polkadot
- Best Places to Buy DOGE Dogecoin
- Best Places to Buy SHIB Shiba Inu
- Best Places to Buy SUI SUI
