USD Coin Price
Most people meet USDC for the same reason: they want somewhere to stand still. It is a stablecoin — a token designed to hold a steady value, in this case one US dollar — so you can hold, send or settle money on a blockchain without riding the price swings of …
Market data via Binance · signals computed live from daily closes · not financial advice.
Key market insights
A plain-language read of live indicators computed from daily closes — these describe current price behaviour, not a forecast.
Technical analysis
Moving averages, momentum and support/resistance from daily closing prices — a snapshot of current structure, not a forecast.
Historical performance
52-week high and low with trailing returns across time windows. Computed from up to 365 daily closes.
Automated observations
Generated mechanically from current market data (volatility, trend, distance from highs) — descriptive, not advice.
Strengths · tailwinds
- Annualised volatility of 0% — relatively contained for a crypto asset.
- Price sits above its 50- and 200-day averages — a classic uptrend alignment.
- MACD is above its signal line — near-term momentum is upward.
Risks · headwinds
- Crypto is volatile and high-risk; even calm readings can change quickly.
Supply structure
USD Coin has no fixed maximum supply. Circulating supply is a curated estimate used to derive market cap.
USD Coin derivatives
Live perpetual-swap metrics. Funding is the periodic payment between longs and shorts; open interest is the total value of outstanding contracts. Informational — not a recommendation to trade leveraged products.
Source: Binance Futures · funding shown per 8h and annualised. Leveraged products carry high risk; informational only.
Convert USD Coin to US Dollar
Two-way USDC ↔ USD at the live Binance price. Type an amount in either field, or tap a preset.
About USD Coin
Most people meet USDC for the same reason: they want somewhere to stand still. It is a <strong>stablecoin</strong> — a token designed to hold a steady value, in this case one US dollar — so you can hold, send or settle money on a blockchain without riding the price swings of everything around it. USD Coin is one of the most widely used dollar tokens, and it takes the simplest available approach to the problem: someone holds real dollars, and issues tokens against them.
That design is deliberately centralised. Tokens are created by the issuer when approved customers deposit dollars, and destroyed when those customers redeem. The mint-and-redeem window is what holds the <a href="/glossary/peg/">peg</a> together: if the token trades below a dollar on the open market, buying it cheaply and redeeming it at face value is profitable, and that arbitrage pushes the price back up. Nothing algorithmic is happening here — the peg rests on an issuer being able and willing to honour redemptions.
In day-to-day use, USDC is plumbing. Traders park in it between positions, exchanges quote pairs against it, lending markets accept it as collateral, and payment and payroll services use it to move dollars across borders quickly. It exists on many different chains, which is convenient but also means you must send the right version to the right network. Our wider <a href="/category/cryptocurrencies/stablecoins/">stablecoin coverage</a> sets it alongside the alternatives.
The honest framing is that holding it is a credit decision, not a currency choice. You are trusting a company to hold real assets, keep them liquid, and redeem on demand — reserve composition and the quality of independent verification are permanent open questions for any fiat-backed token, and the answer can change. Centralised issuance also means addresses can be frozen. A peg only holds while its mechanism does; <a href="/learn/stablecoins-and-their-risks/">our guide to stablecoin risk</a> walks through the failure modes, and <a href="/coins/dai/">DAI</a> shows a very different route to the same goal.
USD Coin vs peers
| Coin | Price | 24h | Market Cap |
|---|---|---|---|
| USD Coin USDC | $1.00 | +0.01% | $60.05B |
| Bitcoin BTC | $64,311.57 | +0.19% | $1.28T |
| Ethereum ETH | $1,870.92 | +0.55% | $225.45B |
| Tether USDT | $1.00 | +0.00% | $140.00B |
| BNB BNB | $568.54 | +0.61% | $79.60B |
| XRP XRP | $1.10 | +0.66% | $63.69B |
USD Coin FAQ
Is USDC the same thing as a US dollar?
Not quite. A dollar in a bank account is a claim on that bank; USDC is a token that represents a claim on the issuer's reserves, moved on a blockchain instead of through the banking system. It is designed to be worth a dollar and usually trades close to one, but the two are legally and practically different instruments, and only one of them is money in the strict sense.
Who can actually redeem USDC for dollars?
Direct redemption is normally available only to verified institutional customers who hold an account with the issuer. Everyone else exits through an exchange or a broker, selling USDC for local currency at whatever price the market offers. That distinction matters: in a stressed market, the arbitrage that defends the peg depends on those direct redeemers being able to act.
Which blockchain should I hold USDC on?
USDC is issued natively on several networks and also exists as bridged versions on others. They are not interchangeable. Sending USDC to an address on a network the receiving service does not support is one of the most common ways people lose funds. Always match the network shown by the sender with the one shown by the recipient before confirming anything.
Can USDC lose its peg?
Yes, and it has traded away from a dollar during periods of market stress. Any fiat-backed stablecoin depends on reserves being safe, accessible and redeemable at short notice; doubts about any of those can push the market price below par until confidence returns. Treat a stablecoin as low-volatility rather than risk-free, and size your holding with that in mind.
Can my USDC be frozen?
It can. The contracts behind centralised stablecoins generally allow the issuer to blacklist addresses, typically in response to law enforcement requests or sanctions. This is a feature for regulators and a genuine risk for holders, and it is one of the clearest differences between a fiat-backed token and a permissionless cryptocurrency you hold in your own wallet.
Does holding USDC pay interest?
The token itself pays nothing; a balance sitting in your wallet simply stays the same. Any yield you see advertised comes from lending it out through a platform or protocol, which introduces a completely separate risk: you are then exposed to that borrower or that code, not only to the stablecoin. Understand where a yield comes from before accepting it.
Last updated Jul 25, 2026