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

USD Coin (USDC) traded 0% higher against the dollar during the one day period ending at 11:00 AM Eastern on October 11th. USD Coin has a market cap of $34.87 billion and approximately $5.13 billion worth of USD Coin was traded on exchanges in the last 24 hours. In the last week, USD Coin has traded 0% higher against the dollar. One USD Coin token can currently be purchased for about $1.00 or 0.00001618 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• 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 2.2% lower 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.
• 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 down 2.2% 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 5.6% against the dollar and now trades at $0.0541 or 0.00000088 BTC.
• P2P Solutions foundation (P2PS) traded 2.4% higher against the dollar and now trades at $157.43 or 0.00254690 BTC.

USD Coin Token Profile

USD Coin’s genesis date was October 31st, 2018. USD Coin’s total supply is 34,863,475,329 tokens. USD Coin’s official Twitter account is @circle and its Facebook page is accessible here. The official website for USD Coin is www.centre.io/usdc. USD Coin’s official message board 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 presently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase USD Coin using one of the exchanges listed above.

USDC/USD price chart by TradingView