Verified OGs:
9
CryptoFam:
211
Projects:
25862
BTC:
$118,701
1.37%
ETH:
$4,195.68
0.00%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$4.03T
Fear&Greed:
69

USDC USDC
$0.99979 0.00%
OG Score 40.88
Reviews 5

USDC USDC Price

$0.99979 0%
Low All Time High
$0.877647 $1.17

Introduction

USD Coin (USDC) is a stablecoin introduced in 2018 by Circle, pegged to the U.S. dollar at a 1:1 ratio. More

OG Score 40.88
Reviews 5
Market Cap $65.23B
Market Cap Rank # 7

Token Stats

Fully Diluted Valuation $65.23B
24H Trading Volume $10.70B
24H Low / High $1.00 / $ 1.00
Circulating Supply 65.25 B
Total Supply 65.25 B
Max Supply 0.00

Info

Categories Fiat-backed Stablecoin 21 more
Founder Circle 1 more
Website circle.com
Socials 3 more
Chains Ethereum Ecosystem 21 more
Explorer Ftmscan 9 more
Contracts 0xa0b....6eb48 21 more

USDC/USD Price Chart

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OG Evaluation

OG Score

OG Score Rank #714
Reviews 5
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 38 .94
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 52 .56
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 31 .40
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 33 .35
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 46 .14
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 38 .80
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

USDC $usdc User Reviews

What Crypto OGs are Saying About USDC

$usdc Markets

Name Pair OG Score

About USDC $usdc

What is USDC (USDC)?

USDC (USD Coin) has emerged as a stablecoin that stands out from the crowd. Launched in September 2018 by the Centre consortium, a collaboration between Circle and Coinbase, USDC is designed to be a reliable bridge between traditional dollars and the dynamic world of cryptocurrency.

Stability and Transparency
USDC distinguishes itself by maintaining a 1:1 peg to the U.S. dollar, ensuring that every circulating unit is backed by an equivalent reserve of $1. This commitment to transparency is bolstered by regular audits from a major accounting firm, providing users with the assurance that they can seamlessly convert 1 USDC to $1 without any complications.

Unlike some of its stablecoin counterparts, USDC has achieved regulatory compliance, laying the groundwork for international expansion. The consortium's founders, Jeremy Allaire and Sean Neville of Circle, emphasize the vision of an open internet of value exchange, breaking down economic borders for a more inclusive global marketplace.

Robust Reserves and Security
As of July 31, 2022, USDC's reserves include $42.3 billion in U.S. Treasury Securities and $12.2 billion in cash deposits, reinforcing the stablecoin's commitment to sound financial practices. The security of the USDC network is further strengthened by its status as an ERC-20 token on the Ethereum blockchain, allowing seamless integration with Ethereum-based applications.

Comparing USDC with USDT
In the stablecoin arena, USDC goes head-to-head with USDT (Tether). While both serve the purpose of providing a digital currency pegged to the U.S. dollar, USDC has garnered attention for its transparency and regulatory compliance. The monthly publication of reserve reports, in contrast to the lower transparency levels of USDT, positions USDC as a safer and more reliable option.

Global Accessibility and Use Cases
USDC operates on a global scale, transcending borders and banking hours. Its digital nature allows for instant transactions, making settlement times obsolete. Businesses can accept USDC for payments, benefiting from cost-effective transactions and instant cash flow. Merchants can avoid the fees associated with traditional payment methods and pass those savings on to customers.

The Future of Finance with USDC
The possibilities for USDC extend beyond everyday transactions. As a stablecoin, it opens doors to opportunities in crypto capital markets, enabling activities such as trading, lending, borrowing, and fundraising. Developers are leveraging USDC as a core building block for their applications, creating a global, open-source, and interoperable money platform.

Conclusion
In a digital age where cashless transactions are becoming the norm, USDC has positioned itself as a reliable and transparent stablecoin. With its robust reserves, commitment to regulatory compliance, and global accessibility, USDC is not just a digital dollar but a transformative force in reshaping the future of finance. As billions of USDC change hands daily, its impact on the world of digital currencies is only beginning, offering users a stable and efficient bridge between traditional and digital economies.

In comparison to USDT, USDC offers higher transparency and regulatory compliance, as evidenced by monthly reserve reports, making it a safer and more reliable stablecoin option.

What is unique about USDC (USDC)?

USDC distinguishes itself with a 1:1 peg to the U.S. dollar, transparent audits, and regulatory compliance, making it a reliable stablecoin for seamless conversions and a safer alternative to some other stablecoins.

Who are the founders of USDC (USDC)?

USDC was launched in September 2018 by the Centre Consortium, a collaboration between Circle and Coinbase. The founders are Jeremy Allaire and Sean Neville of Circle.

Who are the backers/investors of USDC (USDC)?

USD Coin is managed by a consortium called Centre, which was founded by Circle.

Where can I buy USDC (USDC)?

You can buy USDC (USDC) on Binance, BitgetBybitKrakenMEXC cryptocurrency exchanges.

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