$USDC The live USDC price today is $0.999943 USD with a 24-hour trading volume of $6,501,336,923 USD.

USDC is down 0.01% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $61,290,916,598 USD. It has a circulating supply of 61,294,418,117 USDC coins.

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, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.