USDC (USDC) Price

$0.99

USDC (USDC) Price Today

The live price of USDC is $0.99 USD. In the past 24 hours, the trading volume of USDC was $4.4B USD, with a change of -0.00710588%. The current live price of USDC has changed by -0.08% from its 7-day high of $1.00 USD and by +0.07% from its 7-day low of $0.99 USD. With a circulating supply of $60,909,885,991.49 USDC, the market cap of USDC is currently $60.9B USD, marking a +0.01% change in the last 24 hours. USDC currently ranks 7 by market capitalization.

USDC (USDC) Market Data

Market Cap

$60.9B

24h Volume

$4.4B

Circulating Supply

60.9B USDC

Maximum Supply

Fully Diluted Market Cap

$60.9B

Liquidity Indicator

7.23%

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About USDC (USDC)

What is USD Coin (USDC)?

USD Coin (USDC) drives digital transactions with unwavering efficiency and USD Coin is a digital dollar backed 1:1 by fiat reserves. Every USDC token is created only when one U.S. dollar is held in reserve. It serves as a stablecoin that cuts costs and speeds up payments compared to traditional systems. It slashes the volatility found in cryptocurrencies like Bitcoin, providing a rock-solid digital dollar. Stablecoins represent a new class that ties their value directly to reserve assets such as the U.S. dollar at a fixed 1:1 ratio. This groundbreaking method has earned widespread adoption and versatility across the crypto landscape. USDC stands as the digital face of the U.S. dollar. Every USDC token is backed by dollar-denominated assets securely held in segregated accounts at U.S.-regulated financial institutions. This robust backing guarantees stability and minimizes price swings in the cryptocurrency space. Traders on BingX use USDC as a digital shield against volatility. It is built for rapid global payments and precise value matching. Moreover, its full transparency and strict regulatory compliance offer confidence in every transaction.

• Fully backed by U.S. dollars and Treasury instruments

• Each token is minted only when a matching dollar is deposited

• Trusted for low volatility and rapid global transactions on BingX

• Circulating supply and reserve figures maintain a near-perfect 1:1 peg

What Does USDC Stand For?

USDC stands for USD Coin. It is the digital embodiment of the U.S. dollar. Every token equals exactly one dollar secured in regulated financial institutions. This clear, direct naming emphasizes its role as a stable digital currency. On BingX, USDC is recognized as the reliable digital dollar for seamless trade and payments.

• Represents a full digital conversion of U.S. dollars

• Each token equals one dollar stored in secure reserves

• Simple and transparent naming that builds trust among users

• Widely used on BingX for efficient trading and clear value representation

Who Created USD Coin (USDC)?

USDC was launched in 2018 by the Centre Consortium, a collaboration led by Circle. It was created to offer a transparent stablecoin fully backed by U.S. dollars. Initially, it served both retail and institutional markets looking for stability amid crypto volatility. Over time, Circle assumed sole responsibility for USDC. Moreover, robust initial funding and support from top financial institutions bolstered its credibility right from the start.

• Debuted in 2018 by the Centre Consortium with Circle at the helm

• Designed as a fully backed and transparent digital dollar

• Gained credibility with early investments from leading financial firms

• Has evolved into a trusted stable asset for traders on BingX

Is USDC Safe?

USDC is engineered for safety with strict backing and robust security measures. Its reserves are held in segregated accounts at top-tier U.S. banks. Independent audits by leading firms ensure every token is fully collateralized. BingX applies state-of-the-art security protocols such as multi-factor authentication and cold storage. Furthermore, real-time transparency reports and regular attestations guarantee that security remains uncompromised.

• Reserves maintained in regulated, segregated U.S. banks

• Independent audits ensure full collateralization

• Advanced cybersecurity measures on BingX protect assets

• Transparent reporting bolsters trust and user confidence

What Blockchains Support USD Coin (USDC)?

USDC operates on a wide range of blockchains to deliver speed and efficiency. It started on Ethereum and expanded to include Solana, Algorand, Stellar, and many other networks. This broad compatibility gives users on BingX flexibility and low transaction costs. Furthermore, by spanning 19 major blockchains, USDC can move seamlessly across ecosystems while keeping its value stable.

• Natively supported on 19 blockchain networks including Ethereum and Solana

• Ensures low-cost, rapid transfers across diverse platforms

• Provides flexibility and enhanced interoperability for traders

• Widely integrated to offer deep liquidity on BingX

What Are The Features of USD Coin (USDC)?

USDC stands apart due to its uncompromising 1:1 fiat backing and full regulatory oversight. Every token is supported by one U.S. dollar held in secure, regulated accounts. Unlike algorithmic stablecoins, USDC uses a straightforward mint-and-burn mechanism to keep its supply in balance with its reserves. Traders on BingX value USDC for its stability and transparency. Furthermore, regular independent audits provide continuous assurance of its integrity. USDC packs a robust suite of features that set it apart as a digital dollar. It operates with real-world reserve backing and delivers low-volatility, rapid transactions in a secure, transparent ecosystem.

• Each token is fully collateralized by U.S. dollar assets held in segregated accounts at top U.S. financial institutions

• It offers near-instant settlement with minimal fees and slippage, powering fast crypto-to-fiat exchanges

• It is widely integrated on over 19 blockchain networks, enabling effortless cross-chain interoperability

• Regular third-party audits provide full transparency and regulatory compliance, ensuring every USDC token is backed 1:1 by fiat

• Its straightforward mint-and-burn mechanism keeps supply in lockstep with demand, maintaining a stable 1:1 peg

• USDC serves as the trusted base asset in decentralized finance (DeFi) for lending, borrowing, and yield farming

• Its digital dollar concept supports global payments and simplifies international transactions

• Simple mint-and-burn mechanism to maintain precise value

• Strict regulatory compliance and frequent independent audits

• Trusted by traders on BingX for predictable, low-volatility transactions

USDC stands as a reliable digital dollar engineered for efficiency, security, and consistent performance across the digital economy.

What Determines the Price of USD Coin (USDC)?

USDC holds its price by maintaining an unwavering 1:1 peg to the U.S. dollar. Every token is created only when a matching dollar is deposited and is removed when redeemed. This minting and burning process keeps supply in lockstep with cash reserves. Minute market fluctuations may occur, usually within a range of $0.0001 to $0.0006, but these are quickly corrected. Moreover, robust audits and full transparency on BingX ensure that its value remains stable.

• Price firmly pegged to one U.S. dollar by design

• Continuous minting and burning keep supply and reserves aligned

• Fluctuations are minimal and typically only a few decimal points

• Real-time transparency and reporting reinforce its stable value

What Gives USD Coin (USDC) Its Value?

USDC derives its value from rigorous backing by liquid U.S. dollars and short-term Treasury instruments. Every token has a direct, tangible counterpart in the bank, making it immune to typical crypto volatility. Its value is not speculative but built on real-world assets managed by regulated institutions. On BingX, this reliability translates to seamless trades and payments that use USDC as a stable base asset. Furthermore, its transparency and consistent audit reports cement its role as a dependable store of value.

• Each USDC token is directly matched with one U.S. dollar

• Backed by cash and Treasury instruments in regulated accounts

• Designed for real-world transactions and stable trading on BingX

• Regular audits and clear reporting maintain absolute trust

Why Trade USD Coin (USDC) on BingX?

USDC’s widespread popularity on BingX comes from its unmatched liquidity, stability, and operational efficiency. Traders frequently leverage USDC for rapid crypto-to-fiat exchanges, arbitrage strategies, and secure asset storage during market volatility. By minimizing transaction friction and providing reliable market depth, USDC significantly enhances trading effectiveness on BingX. BingX offers low trading fees and millisecond execution on its Spot Market, featuring USDC with real-time market analytics, and delivering low slippage with high efficiency.

Steps to start trading USDC on BingX:

1. Create your BingX account by visiting the website or downloading the app. Register with your email and a secure password.

2. Complete your security settings by verifying your email and phone, enabling two-factor authentication, and completing KYC if required.

3. Deposit funds using on-chain methods to save on fees. For example, when depositing USDT via the TRC-20 protocol, no matter how large the amount, the fee for each deposit is just $1 USD, which is highly affordable. In addition, BingX also supports POLY, BEP, ERC and other networks.

4. Buy USD Coin (USDC) by choosing your method. For spot trading, either buy directly from the market or use BingX P2P to trade with peers. For derivatives, enter the USDC-M or Coin-M futures markets based on your trading strategy. Use USDC as your base asset to quickly and efficiently enter or exit positions when opportunities arise.

With BingX, you benefit from:

• Competitive Trading Environment: Enjoy low trading and handling fees, rapid order execution within milliseconds, and minimal slippage.

• Diverse Trading Options: Access a wide range of crypto trading pairs with USDC on the BingX Spot Market as your currency, whether you're trading spot or engaging in derivatives.

• Innovative Trading Tools: Utilize features like futures and spot copy trading to mirror successful strategies without the need for advanced expertise.

How to Securely Store USDC with BingX?

Securing USDC involves reliable hardware wallets (such as Ledger or Trezor), storing private keys offline for robust protection. Secure software wallets or custodial platforms like BingX also provide protective features such as multi-factor authentication (MFA). Traders should maintain vigilant security practices, regularly updating wallets, securely storing private keys, and avoiding unknown services to ensure comprehensive asset safety. Your security is BingX's top priority. When it comes to storing USDC on BingX, we employ robust measures to ensure your funds remain safe:

Whether you’re a long-term holder or a short-term trader, securely storing USDC is essential. Since tokens operate on different blockchains (like ERC-20, Solana, or BNB Chain), wallet compatibility can vary. Choosing the right storage method helps protect your assets and improve trading flexibility.

For most users, we recommend storing USDC on the BingX platform. Key advantages include:

• No Private Key Management: BingX manages custody, so you don’t have to handle private keys or seed phrases—reducing the risk of loss or theft.

• Simplified Wallet Management: No need to manage multiple wallets across different chains. BingX lets you store and trade various assets in one place.

• Low Fee & Flexible Trading: Trade USDC instantly with low fees and deep liquidity. Access derivatives and investment tools without delays.

• Strong Security Infrastructure: BingX implements a comprehensive 100% Proof of Reserve, cold-hot wallet separation, and regular audits. BingX keeps your assets secure and fully backed. If you prefer full control over your digital assets, using a self-custodial wallet is also an option. However, please consider the following carefully:

• Private Key Management: Your private key and seed phrase are the only way to access your assets. Back them up securely and store them offline. Also to ensure your wallet supports the correct blockchain and that you’re sending assets to a compatible address—mistakes may result in irreversible loss.

You have two options to store SOL Securely:

1. On BingX: Store USDC directly on BingX without the hassle of managing private keys. With industry-leading security, deep liquidity for smooth trading, and low fees starting at just 0.1%, BingX offers a secure and convenient way to trade and hold USDC—all in one place.

2. Self-Custody: Store USDC using a non-custodial wallet that supports the Solana network. These wallets give you full control over your private keys and assets but require you to securely store your backup phrase. Always verify that your chosen wallet supports USDC before transferring any funds, as unsupported tokens may be lost and unrecoverable.

At BingX, we’re committed to providing a secure and efficient environment for your USDC holdings. Whether you're leveraging USDC for trading or simply safeguarding your investment, you can trust our platform to keep your assets protected while you capitalize on market opportunities.

How to Use USD Coin (USDC)?

USDC is a versatile asset used for trading, payments, and decentralized finance applications. On BingX, it functions as the base currency for numerous trading pairs, offering a stable medium for rapid transactions. Traders utilize USDC to hedge against volatility, execute margin trades, and even participate in yield farming on DeFi platforms. Its inherent stability makes it ideal for global payments, ensuring that transfers remain fast and cost-effective with minimal risk. Moreover, its broad acceptance across platforms makes it a fundamental tool in modern digital finance.

• Acts as a stable base for trading, hedging, and payments

• Ideal for margin trading and decentralized finance applications

• Enables fast, cost-effective cross-border transactions

• Widely accepted for diverse financial strategies on BingX

How Many USD Coin (USDC) Tokens Exist?

USDC operates under a dynamic supply mechanism that adjusts to market needs. Tokens are minted when fiat deposits are made and burned when redeemed to maintain a 1:1 parity with the U.S. dollar. As of the latest figures, the circulating supply is around $60.77 billion, with reserves totaling approximately $60.89 billion as of April 3, 2025. This careful balance of supply and backing ensures every token remains fully collateralized and highly liquid.

• Circulating supply is approximately $60.77 billion

• Reserves total around $60.89 billion, ensuring full backing

• Minting and burning maintain a strict 1:1 ratio

• Dynamic supply management guarantees liquidity and stability

How Does USD Coin (USDC) Maintain Security?

USDC maintains its security by leveraging the robust architecture of the blockchain and secure financial institutions. The full backing of each token is stored in segregated accounts with regulated banks. Daily independent audits and strict adherence to compliance standards reinforce its security. BingX augments this with advanced cybersecurity measures, including real-time monitoring, encryption protocols, and multi-layered defenses. Furthermore, every step from issuance to redemption is meticulously tracked to ensure absolute integrity.

• Backed by cash and Treasury instruments in regulated banks

• Segregated accounts and daily independent audits guarantee reliability

• Advanced cybersecurity and encryption protect assets on BingX

• Rigorous compliance and monitoring ensure every token is secure

What Is a USDC Payment?

A USDC payment is a rapid digital transaction that transfers a stable digital dollar across the blockchain. It bypasses traditional financial intermediaries for near-instant settlement. On BingX, USDC payments are executed in seconds with minimal fees, making them ideal for global commerce. Every payment is recorded transparently on the blockchain, ensuring traceability and reducing counterparty risk. Moreover, the constant 1:1 peg guarantees that the value sent matches the value received, providing absolute confidence in every transaction.

• Near-instant settlement with minimal transaction fees

• Eliminates intermediaries for direct, cost-effective transfers

• Transparent blockchain records ensure traceability and trust

• Steady 1:1 peg guarantees predictable value in every payment

Information source

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USDC (USDC) Price Converter

USDC to USD

1 USDC = $ 0.99

USDC to VND

1 USDC = ₫ 25,882.23

USDC to EUR

1 USDC = € 0.87

USDC to TWD

1 USDC = NT$ 32.51

USDC to IDR

1 USDC = Rp 16,861.55

USDC to PLN

1 USDC = zł 3.76

USDC to UZS

1 USDC = so'm 12,984.18

USDC to JPY

1 USDC = ￥ 142.36

USDC to RUB

1 USDC = ₽ 82.16

USDC to TRY

1 USDC = ₺ 38.01

USDC to THB

1 USDC = ฿ 33.35

USDC to UAH

1 USDC = ₴ 41.28

USDC to SAR

1 USDC = ر.س 3.75

All USDC historical price data

How to Buy USDC (USDC)

Create & Verify Your Account

Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.

Fund Your Account

Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.

Trade Now

Now that your account is funded, you can seamlessly trade USDC USDC and other cryptocurrencies while exploring BingX’s diverse trading features!

How to Buy USDC Guide

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Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

By accessing and using this platform, you agree to comply with our Terms of Use.

Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.

For more detailed information, please refer to our Risk Disclosure Statement.

Disclaimer:

By accessing and using this platform, you agree to comply with our Terms of Use.

For more detailed information, please refer to our Risk Disclosure Statement.