USDC Price (USDC)

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1 USDCAUD A$1.57001
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Binance
0.1%
Kraken
0.26%
Coinbase
1.99%
A$ 1.57001
+<0.01%
1D
Page last updated: 2024-12-10 03:38 (UTC+0)
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Note: This information is for reference only.

Price of USDC today

The live price of USDC is A$ 1.57001 per (USDC / AUD) with a current market cap of A$ 63.84B AUD. 24-hour trading volume is A$ 28.91B AUD. USDC to AUD price is updated in real-time. USDC is +<0.01% in the last 24 hours with a circulating supply of 40.66B.
USDC Price History AUD
Date ComparisonAmount Change% Change
TodayA$ 0.00003+<0.01%
30 DaysA$ 0.000199+0.01%
60 DaysA$ -0.0000040%
90 DaysA$ 0.000224+0.01%

USDC Market Information

24h Low & High
Low: A$ 1.568135
High: A$ 1.572472
The highest and lowest price paid for this asset in 24 hours.
All Time High
A$ 3.688804
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
-0.03%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
+<0.01%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-0.01%
The percentage change in price for this asset compared to 7 days ago.

USDC Market Information

Popularity
#8
Popularity is based on the relative market cap of assets.
Market Cap
A$ 63.84B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
A$ 28.91B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
40.66B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
A$ 63.84B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2018-09-01

What Can You Do With USDC (USDC)?

Explore how to use your cryptocurrencies with Binance.

What is USD Coin (USDC)?

USD Coin (USDC) is a stablecoin pegged to the US dollar at a 1:1 ratio and is designed to remain stable regardless of cryptocurrency market conditions.

As a fully backed stablecoin, it holds US dollar asset reserves in regulated US financial institutions. These reserves are overseen by the accounting firm Grant Thornton, which publishes monthly attestation reports.

USDC is compatible with a number of different blockchains, including Ethereum, Algorand, Solana, Stellar, and TRON. The USDC stablecoin is the second largest stablecoin ecosystem, behind only USD Tether (USDT), and just above Binance USD (BUSD).

USDC is the number two stablecoin, but it is also the fifth largest market capitalization in the cryptocurrency market at the time of writing. The $43 billion dollar plus market cap has seen to it that USD Coin has remained a top five crypto for some time now.

The coin provides users with a number of use cases, such as portfolio balancing, hedging against volatility, pricing in fiat currency, fast international remittances, peer-to-peer (P2P) payments, and payment interoperability across different blockchains.

In August, 2023, Coinbase announced that it had acquired a minority stake in Circle, the company that issues the USDC stablecoin. The deal is reportedly worth $400 million and will give Coinbase a seat on Circle's board of directors. The acquisition is seen as a way for Coinbase to strengthen its ties to the stablecoin market.

USDC has entered a number of notable partnerships, including Visa, Mastercard, and Twitter. USDC price is updated and available in real-time on Binance.

People Also Ask: Other Questions About USD Coin USDC

  1. What is the Difference Between USD and USDC? 

    USD is a fiat currency, while USDC is a blockchain-based stablecoin that tracks the price of USD. As such, USDC may face different regulations, depending on the location.


  2. Is it Safe to Buy USDC?

    USDC is fully regulated and, since its release, has successfully maintained its peg. However, there is no guarantee it will stay at the pegged rate in the future. Just as with any crypto, buying and using USDC involves financial risk. Still, stablecoins tend to be safer than other cryptocurrencies due to their lower volatility.

  3. What are the Risks of Holding USDC? 

    Holding USD Coin (USDC) involves counterparty risk, as it depends on the credibility of its issuers, Circle and Coinbase. Regulatory, liquidity, and market risks also apply, with potential for new regulations or restrictions, liquidity issues, and price fluctuations due to market sentiment or a loss of confidence in the backing assets.

  4. What is USDC Used For?

    USDC is primarily used as a P2P payment method and a hedge against market volatility. USDC fulfills this intended use case by keeping as close to a 1:1 peg with USD possible. The USDC price information is available live on Binance. 

  5. How Do Network Consensus and Validation Work on USD Coin?

    USDC is issued via a smart contract — users make requests to exchange assets for USDC, which are then forwarded to the USD Coin smart contract in order to issue the tokens. USD Coin tokens are secured by the consensus method of whichever blockchain on which they are issued.

    Being an ERC-20-derived token, USDC transactions are now validated using PoS consensus model as a result of the Ethereum Merge. At the same time, blockchains like Stellar now support USDC as well.

  6. Who is the USD Coin Founder?

    USD Coin was founded by Circle and launched on September 26, 2018.

  7. What is the Maximum Token Supply of USD Coin?

    USDC does not have a maximum supply — new tokens are issued as assets are locked within the USDC smart contract. At the time of writing, the circulating supply of USDC is 26,134,006,010 coins.

  8. What Makes USD Coin Different From Others?

    USD Coin is notable as a stablecoin with a high degree of transparency, thanks in part to the regularly published reports verifying the state of its reserves. As a multi-chain stablecoin, USDC can be used across multiple blockchain networks.

  9. How to Buy USDC? 

    USDC can be purchased directly on Binance with a credit or debit card. You can also trade other cryptocurrencies for USDC on the Binance Exchange. Read our How to Buy USDC (USDC) for further instructions.

  10. How Much Will USDC be Worth in Future?

    Check out our USDC Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

USDC to Local Currency

FiatPriceOperation
1 USDC to TRY$ 1.000006
1 USDC to RUB$ 1.000006
1 USDC to EUR$ 1.000006
1 USDC to AED$ 1.000006
1 USDC to AUD$ 1.000006
1 USDC to BRL$ 1.000006
1 USDC to VND$ 1.000006
1 USDC to IDR$ 1.000006
Last updated 2024/12/10 03:38 (UTC)

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