USDC OVERVIEW
USDC Price, Live Chart & Market Data
Follow the USDC price in real time and see how closely the stablecoin is trading to its $1 target. View the current USDC to USD rate, 24-hour range, market capitalization, trading volume and circulating supply in USD or your selected currency.
USDC is a dollar-denominated stablecoin issued by Circle and designed to maintain price equivalence with the US dollar. Circle states that USDC is backed by highly liquid cash and cash-equivalent reserve assets. This page brings together the live USD Coin price, peg performance and current market data in one place.
USDC PRICE CHART
USDC Price Chart
Track the USDC to USD rate in real time and see how closely it follows the $1 reference line. Switch between periods to review short-term premiums, discounts and trading volume. You can also view the USD Coin price in your selected page currency.
Peg Stability
USDC Peg Performance
Compare how closely USDC has tracked its $1 reference value across 1 day, 1 week, 1 month and 1 year. Each timeframe shows the price range, overall change and largest deviation from the dollar peg.
Market data: CoinGecko Selected currency: USD
Market Context
Is USDC Holding Its $1 Peg?
USDC is trading close to its $1 target across major markets. Small premiums and discounts can occur because trading demand, available liquidity, fees and settlement conditions differ between exchanges.
We examine whether any movement is broad and sustained before identifying it as meaningful pressure on the USDC to USD rate.
Relevant Factors
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1
Exchange Liquidity
USDC prices can differ slightly between exchanges because each market has its own order book and available liquidity. A temporary imbalance on one platform does not necessarily indicate a wider loss of the $1 peg.
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2
Minting and Redemption
Eligible Circle customers can issue or redeem USDC against US dollars under Circle’s applicable terms. Access, settlement timing and transaction costs can affect how quickly market participants respond to a premium or discount.
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3
Reserves and Banking Partners
USDC is backed by reserve assets managed by Circle. Changes involving those reserves, banking partners or the availability of redemption services can affect market confidence and secondary-market pricing.
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4
On-Chain Liquidity
USDC trades across decentralized exchanges and multiple blockchain networks. Liquidity conditions can differ between networks, pools and native or bridged forms of the asset.
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5
Market Stress and Dollar Demand
Periods of crypto-market stress can create sudden demand for stablecoins or fiat currency. This can temporarily move USDC above or below $1 as market participants reposition their assets.
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6
Regulation and Issuer Developments
Regulatory decisions, Circle announcements and changes to the legal treatment of stablecoins can affect access, demand and confidence in USDC.
Coin Insider Reporting
USDC News Today
Read the latest Coin Insider reporting on the USDC price, Circle reserves, stablecoin regulation, payments and developments affecting the wider USD Coin market.
Featured analysis
Circle Expands CCTP to EURC and cirBTC On Arc
Read Featured Story →
Binance Buys $100M Circle Stake in Five-Year USDC Promotion Deal
The exchange bought 1.24 million Circle shares as the companies deepened their commercial relationship around USDC distribution.
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The revolving facility starts at 50% loan-to-value and can accept eligible staked SOL as collateral without requiring customers…
Circle Launches Bitcoin-Backed USDC Borrowing
Circle launches Bitcoin-backed USDC borrowing, allowing users to access liquidity against BTC while using USDC for borrowing and…
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