USDC USDC
USD Coin (USDC) is a dollar-backed stablecoin issued by Circle.
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Market data
Key metrics
Price chart
USDC price chart
Converter
USDC to USD calculator
Convert any amount of USDC to USD (or USD to USDC) at the live mid-market rate.
Rate: 1 USDC = 1 USD. Live mid-market price refreshed every 5 minutes. Exchanges may quote slightly different rates including spread and fees.
USDC peg status
Stablecoin pages focus on peg quality, liquidity, reserves, supported chains, and transfer risk. The goal is not upside against the dollar; it is whether USDC behaves like a reliable digital dollar.
Where to buy
Compare verified USDC exchanges
A broader comparison of up to five exchange partners with USDC support and a region-routed sign-up link, ranked by HodlChecker score rather than bonus size.
We may earn a commission when you sign up via our links — this never affects price or our rankings. Crypto is volatile and you can lose money. Availability varies by country.
USDC market prices
USDC markets
Native USDC spot pairs on centralized exchanges, ranked by reported 24h USD volume. Prices can differ by spread, liquidity, fees, and region.
| Venue | Pair | Price | 24h volume | Spread | Freshness | Action |
|---|---|---|---|---|---|---|
Binance Market data | USDC/USDT | $1.00 | $1.68B | 0.01% | 1m ago | Trade |
GroveX Market data | USDC/USDT | $1.00 | $298.78M | 0.01% | 1m ago | Open market |
Aivora Exchange Market data | USDC/USDT | $1.00 | $178.12M | 0.01% | 1m ago | Open market |
OrangeX Market data | USDC/USDT | $1.00 | $160.41M | 0.01% | 1m ago | Open market |
Tapbit Market data | USDC/USDT | $1.00 | $159.07M | 0.05% | 1m ago | Open market |
Market data is filtered to remove stale or anomalous pairs. Use it as a liquidity and price reference, not a guarantee of executable pricing.
How USDC maintains its peg
Fiat-backed stablecoin issued and redeemed by Circle through supported institutional channels.
Issuer
Circle
Backing model
Circle says USDC is backed 100% by highly liquid cash and cash-equivalent assets and supported by monthly third-party reserve attestations.
Reserve reports
Check the issuer's current reserve and attestation materials before treating any stablecoin as cash-equivalent.
View reserve informationUSDC supported chains and contract addresses
USDC exists on many networks. Always match the sending and receiving network, and verify the contract address before using a DEX or bridge.
| Chain | Standard | Contract | Best for | Explorer |
|---|---|---|---|---|
| Ethereum | ERC-20 | Ethereum USDC contract | Deepest DeFi liquidity | View ↗ |
| Base | ERC-20 | Base USDC contract | Low-cost Coinbase ecosystem transfers | View ↗ |
| Arbitrum | ERC-20 | Arbitrum USDC contract | L2 DeFi and trading | View ↗ |
| Avalanche C-Chain | ERC-20 | Avalanche C-Chain USDC contract | Fast EVM transfers | View ↗ |
| Polygon PoS | ERC-20 | Polygon PoS USDC contract | Low-cost app transfers | View ↗ |
| OP Mainnet | ERC-20 | OP Mainnet USDC contract | OP Stack apps and L2 transfers | View ↗ |
The table highlights common networks for everyday users. Circle supports additional USDC networks; check Circle's official contract-address docs for the full current list.
What people use USDC for
Buy and hold digital dollars
Use a major exchange when you want a simple dollar stablecoin balance without managing a wallet or chain selection yourself.
Get USDC on CoinbaseMove funds on-chain
USDC is commonly used for wallet-to-wallet transfers, exchange funding, payroll, payments, and moving capital between apps. Always match the network on both the sending and receiving side.
Use as DeFi collateral
USDC is one of the most common collateral and quote assets in DeFi lending, liquidity pools, and stablecoin pairs. Smart-contract and liquidation risks still apply.
Compare lending platformsUSDC risks and depeg history
Stablecoins reduce crypto price volatility against the dollar, but they introduce issuer, reserve, banking, contract, and chain-selection risks.
Depeg risk
USDC can trade below or above $1 when markets question reserve access, redemption timing, or exchange liquidity. The March 2023 Silicon Valley Bank crisis is the key historical example.
Issuer and banking risk
USDC depends on Circle, its banking partners, reserve assets, compliance controls, and redemption infrastructure. It is not decentralised in the same way as BTC or ETH.
Chain and address risk
USDC exists on many networks. Sending the right asset to the wrong chain, or copying a bridged/fake contract instead of native USDC, can make funds difficult or impossible to recover.
About the asset
About USDC
USDC is a fully collateralized US dollar stablecoin. USDC is the bridge between dollars and trading on cryptocurrency exchanges. The technology behind CENTRE makes it possible to exchange value between people, businesses and financial institutions just like email between mail services and texts between SMS providers. We believe by removing artificial economic borders, we can create a more inclusive global economy.
What drives the USDC price
The structural forces behind USDC's price moves — without forecasting where it goes next.
Peg confidence
USDC is designed to track one US dollar. Small deviations around $1 can happen on exchanges, especially during market stress, but the core question for users is whether liquidity, redemptions, and reserve confidence keep the market price close to the peg.
Reserve transparency
Circle says USDC is backed by highly liquid cash and cash-equivalent assets and publishes monthly reserve attestations. Confidence in those reserves is the main long-term driver of whether traders treat USDC as reliable dollar collateral.
Exchange and DeFi demand
USDC demand comes from trading pairs, payments, DeFi collateral, cross-border transfers, and users parking capital in digital dollars. Activity across Coinbase, DeFi lending markets, Base, Ethereum, Solana, and other supported networks affects where USDC liquidity is deepest.
USDC milestones
- Sep 2018USDC launches through the Centre consortium
- Mar 2020USDC becomes a major DeFi collateral asset during early DeFi growth
- Mar 2023USDC temporarily depegs during the Silicon Valley Bank crisis
- Aug 2023Circle takes full control of USDC issuance and governance from Centre
- 2024USDC expands further across L2s and high-throughput chains
This is context, not a forecast. USDC prices can move sharply in either direction; nothing on this page is financial advice.
USDC FAQ
What is the current price of USDC?
How do I buy USDC?
Is USDC a good investment in 2026?
How is the USDC price determined?
Why can USDC prices differ between exchanges?
How often does this USDC price page update?
Informational only. Cryptocurrency is volatile and not suitable for everyone — nothing on this page is financial advice.
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