USD Coin (USDC) is a cryptocurrency and operates on the Ethereum platform. USD Coin has a current supply of 32,807,023,048.861256. The last known price of USD Coin is 0.99988009 USD and is down -0.02 over the last 24 hours. It is currently trading on 1643 active market(s) with $3,007,418,417.49 traded over the last 24 hours.
Launched in 2018, USDC is one of the alternative stable coins that is tagged to USD. USDC helps users within the blockchain community to utilize USD. Changing of USD to USDC is usually seamless as well. USDC project also allows project to be built on, giving value to holders and businesses.
USDC has become the bedrock of crypto markets due to its stability and availability of smart contracts. This eliminate the need for intermediaries and opening financial access to more people through decentralised finance. The use of USDC as compared to other well-known crypto is much more efficient for businesses. USDC transfer speed is almost instant, allowing businesses to maintain better control of cash flow and thus lesser resources management. eCommerce marketplace , online games , DAOs , social media tipping and many others are jumping onto the bandwagon of using USDC as a form of payment.
Circle Announces Launch of Native USDC on Arbitrum Network, Aims for Faster Transactions
Circle, the developer of the USDC stablecoin, is set to introduce a native version of its token on the Arbitrum network. The move aims to enhance tran
USDC Stablecoin to Be Launched Natively on Layer 2 Scaling Solution Arbitrum
Stablecoin issuer Circle announced launching USDC natively on Arbitrum on June 8th. The latest move will replace the currently circulating bridged ver
USDT Market Cap At Record Highs, Crypto Bull Market Incoming?
As of June 1, there are $83.23 billion of USDT in circulation, CoinMarketCap (CMC) data shows. In the past, there has been a direct correla
USDC Issuer Circle Rebalances Treasury Holdings Amid US Debt Ceiling Crisis
Stablecoin issuer Circle no longer has Treasury holdings that mature beyond early June as it does not want to get tangled in a potential US debt defau
Circle’s Cross-Chain Transfer Protocol Hits Mainnet for USDC Transfers
Fintech firm Circle announced the mainnet availability of Cross-Chain Transfer Protocol (CCTP) for developers building on Ethereum and Avalanche netwo
Regulatory Uncertainty and Banking Crisis Could Push Investors Outside the US: Circle CEO
Jeremy Allaire – CEO of Circle Internet Financial Ltd. – argued that US investors could soon relocate due to the lack of proper regulations and the gr
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