USD Coin Achieves Market Capitalization of $33.49 Billion (USDC)

USD Coin (USDC) traded 0% higher against the US dollar during the 1-day period ending at 10:00 AM ET on April 27th. Over the last week, USD Coin has traded 0% higher against the US dollar. USD Coin has a market capitalization of $33.49 billion and approximately $5.27 billion worth of USD Coin was traded on exchanges in the last day. One USD Coin token can currently be purchased for approximately $1.00 or 0.00001584 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 1.7% lower against the dollar and now trades at $0.32 or 0.00000503 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.6% against the dollar and now trades at $0.0096 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About USD Coin

USD Coin launched on October 31st, 2018. USD Coin’s total supply is 33,481,843,821 tokens. USD Coin’s official website is www.centre.io/usdc. The official message board for USD Coin is medium.com/centre-blog. USD Coin’s official Twitter account is @circle and its Facebook page is accessible here.

According to CryptoCompare, “USD Coin (USDC) is a stablecoin maintaining a 1:1 peg with the U.S. dollar, backed by dollar-denominated assets. Accessible on multiple blockchains, it is integral to the DeFi space. Users can buy or redeem USDC for fiat currency, with corresponding tokens minted or burned to maintain its value. USDC’s uses include hedging, stable price-pegging, remittances, crowdfunding, payments, and various financial services. It competes with other stablecoins and offers borderless access. Managed by the Centre consortium, co-founded by Circle and Coinbase, its reserves are overseen by Grant Thornton.”

USD Coin Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as USD Coin directly using U.S. dollars. Investors seeking to trade USD Coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy USD Coin using one of the exchanges listed above.

USDC/USD price chart by TradingView