USD Coin (USDC)
Marketcap Ranking
Market Price (24h change)
Total Market Cap
2.1
-
info_outline What is USD Coin
4.5
Short Description
True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD//Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added. As more goods and services are tokenized, smart contract platforms will become fundamental building blocks of value exchange. CENTRE’s open-source and transparent stablecoin framework allows fiat to interact with smart contracts, giving developers a viable way to use real world currencies in blockchain applications. CENTRE stablecoins are issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. Issuers are required to regularly report USD reserve holdings, and that information will be made available upon request.
There is no technology description for USD Coin yet.
We can not provide any looks into the future for USD Coin yet.
Introduction Video
Tether (USDT) - Clearly Explained | Nugget's News
What is Tether (USDT) - Clearly Explained In this video I explain how USDT - tether works and if it is a fully backed stable coin cryptocurrency. Firstly, thanks for ...
www.centre.io
USDC
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Organization:
Name:
Country:
City:
Zipcode:
Address:
Mail:
Creation date: 2014-07-10
Expiration date: 2020-07-10
Nameserver: NS-27.AWSDNS-03.COM
attach_money Product Analysis
4.6
Whitepaper
True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD//Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added. As more goods and services are tokenized, smart contract platforms will become fundamental building blocks of value exchange. CENTRE’s open-source and transparent stablecoin framework allows fiat to interact with smart contracts, giving developers a viable way to use real world currencies in blockchain applications. CENTRE stablecoins are issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. Issuers are required to regularly report USD reserve holdings, and that information will be made available upon request.
file_downloadOpen Whitepaper
Close Competitors
- 1.)
Tether
Tether (USDT) is a cryptocurrency with reference to fiat currencies that is issued by Tether Limited Company. Using the technology of Blockchain, Tether allows the users to keep, send and receive digital tokens pegged to dollars, euros and yens*. *1USDT =/= 1USD - according to ToS (Terms-of-service) of Tether Limited Company - Tether tokens are not money, although they are backed by the currency used to purchase them at issuance. Currently Tether operates on a several blockchain platforms: Omni, Ethereum, TRON, Algorand, EOS.
- 2.)
Dai
Dai is a cryptocurrency that is price stabilized against the value of the U.S. Dollar. Dai is created by the Dai Stablecoin System, a decentralized platform that runs on the Ethereum blockchain.
- 3.)
TrueUSD
TrueUSD claim to be a stablecoin that you can redeem 1-for-1 for US dollars.
Product analysis
The exact founding date of USD Coin is unfortunately not that clear.
never released their source code, which makes it an intransparent and hidden project with no guarantee that their product works or is being developed.
Organization wise, USD Coins Development is Centralized
and is being developed under the lead of a non-public figure..
The consensus on which the USD Coin network is run is called Not mineable, while
the underlying algorithm is called None.
In the current state of USD Coin currently is Working product
group Community Analysis
1.7
Communities & Events
There is no official USDC-subreddit yet
| view_list Subreddit |
| person Subscribers |
| directions_run Active Users |
| create Daily Posts |
| speaker_notes Daily Comments |
USDC GROUP
| view_list USDC Group Channel |
| person 93 Members |
| directions_run 10 Online |
There is NO official Twitter account for USD Coin yet
| view_list Channel |
| person 1 Followers |
There are no events for USD Coin in the next 3 Months
Google Trends Analysis
The Google Trends chart displays the search interest on google in USD Coin
relative to its peak over the last year. A rising chart shows growing interest int he project.
code Development Analysis
1.0
Github Analysis
USD Coin is not open source and can therefore not be analyzed.
This will automatically give USD Coin a rating of 1 as a penalty for not being
open-source.
attach_money Price Analysis
4.3
Price Prediction
Predicted USD Market Price in 24h
Predicted USD Market Price in 14d
Converter USDC - USD
Convert between USDC and USD with the live USD Coin prices, aggregated from all big exchanges that trade USD Coin.
Market insights
Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.
account_circle Team Analysis
1.0
Team
Lead
Unknown -
It is not exactly clear who is the main driving force behind USD Coin.
supervisor_accountSocial Network Links
Members (0)
compare_arrows Exchanges
Markets
| # | Exchange | Pair | Price | 24h Volume | Trusted | |
|---|---|---|---|---|---|---|
| # 1 |  | Binance | USDC/BTC | $ 1.011798 | $ 5,883,240 | check |
| # 2 | | Binance | USDC/USDT | $ 1.012226 | $ 4,453,913 | check |
| # 3 |  | Poloniex | USDC/BTC | $ 1.010547 | $ 3,103,398 | check |
| # 4 |  | Coinbase Pro | USDC/BTC | $ 1.011444 | $ 1,886,822 | check |
| # 5 | | Coinbase Pro | USDC/BAT | $ 1.011764 | $ 1,383,977 | check |
| # 6 | | Binance | USDC/ETH | $ 1.012057 | $ 704,097 | check |
| # 7 | | Coinbase Pro | USDC/DAI | $ 1.010629 | $ 494,949 | check |
| # 8 | | Poloniex | USDC/USDT | $ 1.012125 | $ 355,455 | check |
| # 9 | | Coinbase Pro | USDC/ETH | $ 1.012057 | $ 277,989 | check |
| # 10 | | Binance | USDC/LTC | $ 1.010343 | $ 182,624 | check |
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