Issuers are required to regularly report USD reserve holdings, and that information will be made available upon request. USD Coin (USDC) is worth 0.998710 today, which is a -0.1 decline from an hour ago and a 0.0 increase since yesterday. USDC is fully backed by the US Dollar, which means that physical USD. CENTRE’s open-source and transparent stablecoin framework allows fiat to interact with smart contracts, giving developers a viable way to use real world currencies in blockchain applications.ĬENTRE stablecoins are issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. Price More currencies USDC to PHP USDC to IDR USDC to INR USDC to THB USDC to EUR Market Cap 41.3 bn 1,359,355 BTC Vol (24H) (+50.25) 9.4 bn 9,375,003,401 USDC 24h Range 0.9996510- 1.00 Circulating Supply 41,300,868,947 Total Supply 41,300,868,947 Max:N/A Start Date 10 September 2018 All Time High 1.03 (-2. USD Coin (USDC) is a stablecoin with its price pegged to the value of the US dollar. The initial implementation is USD//Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance - and the ecosystem will grow as other fiat currency tokens are added.Īs more goods and services are tokenized, smart contract platforms will become fundamental building blocks of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. True financial interoperability requires a price stable means of value exchange.
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