USD Coin USDC#6
Live USD Coin (USDC) price, market cap and chart — Stablecoins. Data via Binance; market cap from live price × curated circulating supply. Updated continuously.
About USD Coin
USD Coin (USDC) is a US-dollar stablecoin issued by Circle. Like other stablecoins it aims to stay worth one dollar, and it is widely used for trading, payments and as a dollar parking-spot inside crypto. USDC has built a reputation for relative transparency: Circle publishes monthly reserve reports and holds reserves in cash and short-dated US Treasuries, and the token operates within a clearer regulatory posture than some rivals.
That transparency is USDC’s selling point, but it is still a centralised token whose value depends on its issuer and reserves. In 2023 USDC briefly slipped below a dollar when some of Circle’s cash was caught up in a US banking failure, before recovering once the deposits were secured — a useful reminder that "stable" is a design goal, not a guarantee. As with any stablecoin, it is a tool for holding and moving dollars, not an asset that grows.
USD Coin tokenomics
| Market cap rank | #6 |
| Circulating supply | 60.00B USDC |
| Max supply | No fixed cap |
| All-time high | $10.11 -90.11% |
| All-time low | $0.2000 |
| Launched | 2018 |
All-time high and low are approximate, derived from Binance market history since USDC listed there.
USDC is a dollar-pegged stablecoin from Circle, backed by cash and short-dated US Treasuries with monthly reserve reporting. It is a leading stablecoin for trading, payments and dollar storage in crypto.
USDC leans on transparency and regulatory clarity to earn trust. The watch-items are the same as any stablecoin: reserve quality, banking exposure and rules. Its brief 2023 de-peg during a US bank failure showed even well-run stablecoins can wobble. It is built to hold a dollar, not to appreciate.
First Light shows what’s happening and why it matters — a clarity tool, not a prediction. Not financial advice.
USD Coin vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| USD Coin USDC | $1.00 | -0.03% | $60.01B |
| Bitcoin BTC | $77,288.62 | +2.48% | $1.54T |
| Ethereum ETH | $2,431.78 | +2.91% | $293.03B |
| Tether USDT | $1.00 | +0.00% | $140.00B |
| BNB BNB | $696.95 | +4.62% | $97.57B |
| XRP XRP | $1.57 | +19.86% | $90.83B |
USD Coin FAQ
What is USDC?
USDC is a stablecoin issued by Circle that aims to stay worth one US dollar, used for trading, payments and holding dollars in crypto.
How is USDC backed?
Circle holds reserves in cash and short-dated US Treasuries and publishes monthly reserve reports.
Did USDC ever lose its peg?
Briefly, in 2023, when some reserve cash was caught in a US bank failure. It recovered once the deposits were secured.
Is USDC an investment?
No — it is designed to hold a dollar’s value, not to grow. It is a settlement and storage tool. Not financial advice.