What is USDC?
USDC (USDC) is a stablecoin currently ranked 5th by market capitalization across all crypto assets we track. Stablecoins are designed to track a target value (most often $1). They are the primary on-chain settlement layer for trading, lending, and remittance.
Market position
At the current price of $1.00, USDC carries a market capitalization of $75.07B. Daily trading volume across exchanges sits at roughly $19.29B. That works out to a 24-hour turnover of about 25.70% of the float — unusually high turnover, the kind of activity that accompanies major news or speculative spikes.
Price action across timeframes
Over the past 24 hours, USDC has moved +0.05%; over the past week, USDC has moved +0.06%; over the past 30 days, USDC has moved -0.02%; over the past year, USDC has moved -0.04%.
Cycle position
USDC is currently trading well below its all-time high (all-time high of $1.91, -47.5% from peak). . From its all-time low of $0.8124, current pricing represents a +23% recovery.
Supply & dilution
The circulating supply stands at 75,009,136,036 USDC. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts USDC in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets. Over the past 30 days, the 30-day move totals -0.02%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate USDC
A balanced read on USDC typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is USDC performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
USDC is a stablecoin pegged to the US dollar, designed to provide a reliable digital currency for transactions and value storage on blockchain networks. It is governed by the Centre consortium, which includes major players like Circle and Coinbase. Source: CoinPaprika.com
