Exchange USD Coin (USDC)
If you're looking to swap USD Coin, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is USD Coin or some fresh information about USDC’s price movements. And, of course, we provide you with the multiple USD Coin exchange options so that you can choose the offer with the best rates and lowest USD Coin fees, as well as other parameters that suit you.
USD Coin Price Stats
To help you make a decision about exchanging your USD Coin, we gathered some cold hard numbers: USD Coin price chart and other stats, such as USD Coin market cap.
USDC 24H HIGH $1.00119344
USDC MARKET CAP $25,543,819,733.563
USDC CIRCULATING SUPPLY 25,543,010,294.802 USDC
USDC 24H LOW $0.99804847807072
USDC PRICE $1.00003169
USDC 24H VOLUME $397,192,418.387
USD Coin Price Chart
Here you can see the current price of USD Coin, as well as USD Coin price history.
What is USD Coin?
USDC stands for United States Dollar Coin. It’s a stablecoin that’s fully collateralized. This means that every USDC is backed by the equivalent in fiat currency, 1 USDC = 1 USD. It’s a creation of CENTRE, an organization that came to life in a collaboration between Circle and Coinbase. The developers chose to host USDC on the Ethereum blockchain to remain completely transparent. Those who issue new USDC have to report their USD reserve holdings frequently, and an external party audits these reserves every month. The USDC stablecoin is relatively new in comparison to other currencies. After the rumors about Tether not having the financial reserves they claimed to have, Coinbase and Circle decided it was time for complete transparency. They believe that there’s no strong demand for new currencies, but instead, people will prefer to use a trusted and established currency on top of a public chain. Thus, the creation of a completely transparent stable coin is necessary. In just two years, the coin snowballed in popularity and rose to the top 20 in terms of market capitalization. Any major exchange and wallet provide support for the USDC stablecoin. Advantages of USDC: it’s an open-source project open for contribution by anyone;100% backed by real fiat currencies; audits by an external party every month; support of trusted companies Circle and Coinbase.
A Simple Way To Exchange USD Coin Here At SwapSpace
Choose a pair
Choose the cryptocurrencies you would like to exchange among more than 1700 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.
Select the best rate
Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!
Receive your coins
You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: email@example.com.