Discover

USDC.X
USD Coin
1.000
+
0.000
0.01%
08:40 PM
timesize
Ytd-0.00%
1y-0.01%
0.998
day range
1.000
1.000
52 week range
1.000
Open1.000Prev Close1.000Low0.998High1.000Mkt Cap71.74B
Vol546.96MAvg Vol0.00EPSN/AP/EN/AForward P/EN/A
BetaN/AShort RatioN/AInst. OwnN/ADividendN/ADiv YieldN/A
Ex Div DateN/AEarningN/A50-d AvgN/A200-d AvgN/A1yr Est0.000
Upgrade / Downgrade
DateFirmActionFromTo
Profile
USD Coin (USDC) is a fully reserved stablecoin pegged 1:1 to the US dollar, ensuring price stability through a reserve backed by cash and short-duration U.S. Treasury instruments. These reserves are held by regulated financial institutions like The Bank of New York Mellon and managed by BlackRock via the Circle Reserve Fund. Circle, which independently manages USDC after its initial development with Coinbase under the CENTRE Consortium, ensures transparency through monthly audits by Deloitte. USDC operates on 16 blockchains, including Ethereum, Solana, and Polygon, offering wide liquidity and accessibility. It is used in cross-border payments, DeFi, and as a hedge against cryptocurrency volatility. It provides a stable alternative for remittances and exposure to the U.S. dollar for non-U.S. investors. USDC maintains its 1:1 peg by minting and burning tokens based on USD deposits and redemptions, offering secure and regulated digital dollar transactions.
Institution Ownership
Report DateOrganizationPositionValuePercentage
Fund Ownership
Report DateOrganizationPositionValuePercentage