USD Coin (USDC) Trading Down 0% Over Last Week

USD Coin (USDC) traded up 0% against the US dollar during the 1 day period ending at 12:00 PM E.T. on September 17th. During the last seven days, USD Coin has traded down 0% against the US dollar. One USD Coin token can now be purchased for about $1.00 or 0.00001637 BTC on exchanges. USD Coin has a market cap of $35.54 billion and $6.04 billion worth of USD Coin was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 0.8% against the dollar and now trades at $0.0459 or 0.00000075 BTC.
• P2P Solutions foundation (P2PS) traded 3.7% higher against the dollar and now trades at $153.56 or 0.00251403 BTC.

USD Coin Token Profile

USD Coin launched on October 31st, 2018. USD Coin’s total supply is 35,541,804,453 tokens. USD Coin’s official Twitter account is @circle and its Facebook page is accessible here. USD Coin’s official website is www.centre.io/usdc. The official message board for USD Coin is medium.com/centre-blog.

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 currently possible to purchase alternative cryptocurrencies such as USD Coin directly using US dollars. Investors seeking to trade USD Coin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase USD Coin using one of the aforementioned exchanges.

USDC/USD price chart by TradingView