1
USDC
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PHP
1h | 24h | 7d | 30d | 60d | 90d |
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0.00% | -0.02% | -0.01% | 0.01% | -0.01% | -0.02% |
1h | 24h | 7d | 30d | 60d | 90d |
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0.00% | -0.02% | -0.01% | 0.01% | -0.01% | -0.02% |
1
USDC
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PHP
2
2
2
Price has decreased by -0.02% in the last 1 year.
USDC is currently trading 0.00% above the 200-Day SMA which is $1.00.
The 14-Day Relative Strength Index (RSI) is at 42.86 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
The number of green days in the last 30 days is 9 which is 30%.
The circulating supply has yet to be published.
Has high liquidity with 0.32327 volume to market cap ratio. The current market cap is ₱2.28T while the 24-hour volume is ₱737.7B
Year | Q1 | Q2 | Q3 | Q4 | Total |
---|---|---|---|---|---|
2018 | - | - | - | 1.04% | 1.04% |
2019 | 1.11% | -1.36% | -1.09% | 0.15% | -1.21% |
2020 | -0.44% | 0.31% | -0.18% | 0.07% | -0.24% |
2021 | -0.11% | 0.01% | - | -0.01% | -0.11% |
2022 | -0.00% | -0.01% | 0.01% | - | -0.01% |
2023 | -0.01% | 0.03% | -0.01% | 0.01% | 0.02% |
2024 | -0.02% | - | - | ||
Average | 0.09% | -0.17% | -0.21% | 0.21% | -0.08% |
USD Coin (USDC) is An open source, smart contract-based stablecoin. 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.
USDC is a stablecoin that connects to the Dollar on a 1:1 basis. One unit of this cryptocurrency is supported by one dollar that remains in reserve. This dollar is held in a mix of cash and short-term U.S. Treasury bills. The Centre consortium is responsible for this asset. As per their opinion USDC is issued by financial institutions which are very well regulated.
The stablecoin was first released in September 2018 on a limited scale. USDC stands for "Digital money for the digital age". The stable coins are specially developed for a world that is going towards digitalization and as less use of cash as possible.
There are multiple applications of USDC. In addition, it also works as a place of refuge for cryptotrader during a period of instability in prices. The creators of this stablecoin emphasize on the fact that it also allows organizations to accept payments in digital assets. This can lead to an evolution of several sectors such as decentralized finance and games. In short, the main objective is the creation of acceptance of USDC and its adoption in as many wide ranges of wallets, platforms and service providers as possible.
The Centre Consortium has two founding members. One of them is the peer-to-peer payment services company Circle, while the other is the Coinbase cryptocurrency exchange. Circle co-founders Jeremy Allaire and Sean Neville launched USDC in September 2018.
In the past few years crypto experts have noted that there are a lot of stablecoins in the industry which has made it very competitive. Despite this, USDC has made a special place for itself and carved a niche for itself in the stablecoins’ world.
One worry that the USDC team had was that of transparency. It was difficult to ensure that the investors got USD 1 when they withdrew 1 USDC. Inorder to combat this issue they recruited a prestigious accounting firm to keep a check of the cash reserve and make sure that it is equal to the amount of tokens that are circulated.
You can find all of the USDCs that are currently in circulation on the Ethereum blockchain. One of its main benefits is the fact that it can be easily connected with the other Etherum based apps. As discussed earlier, the stablecoin is comparatively more safe and trustworthy than its competitors because of the fact that U.S. dollars are kept safely in reserve.
USDC has maintained its position as a unique stablecoin because it has strong relationships with many mainstream banks and financial institutions. In fact, they had a $400 million funding round. The noteworthy participants of this funding were BlackRock, Fidelity, Fin Capital, and Marshall Wace LLP. Out of them, Blackrock had said that they will enter into a broader strategic partnership with Circle which includes exploring capital market applications for USDC.
Conclusion
Traders and investors often look up to USDC because it is a reliable cryptocurrency. However, there are chances that its value may change depending on market trends. And thus it is necessary to consider the risks involved while dealing with USDC.
The current price of the USDC(USDC) is ₱56.05, with a current market cap ₱2,281,969,196,364.97.
USDC is a ticker symbol of the USDC.
At the movement,40.71B USDC tokens are already in the market out of 40.71B USDC.
There are many options for buying crypto, and USDC can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy USDC. It's a quick, easy, and secure way to buy USDC(USDC).
Yes,It is a stablecoin.
USDC had an all-time low of ₱49.18.
USDC had an all-time high of ₱131.70.
By exchanging USDC against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, USDC can be earned or received in various ways. USDC considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the USDC, including USDC to PHP, USDC to INR, USDC to NGN, USDC to THB, USDC to CAD, USDC to PKR, USDC to IDR , USDC to EUR , USDC to AUD , USDC to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 USDC is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like USDC to BABYSHIRO, USDC to SXCH, USDC to SDM, USDC to ARTY, USDC to PEPE, USDC to $RIF, USDC to SUSHI, USDC to XRP .
USDC to PHP price today is ₱56.05, which is Down by -0.02% over the last 24 hours. There has been an hourly Rise by 0.00%. USDC's market cap currently sits at ₱2,281,969,196,364.97 PHP, holding up for a market cap rank at #8. The volume were at ₱737,700,065,280.91 PHP USDC ranks no 8 in the market capitalization of USDC is at ₱2,281,969,196,364.97 and its volume for 24 hours is ₱737,700,065,280.91. USDC are under circulation, with total supply of 40.71B and the Maximum supply of 0.
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USDC to PHP | ₱56.05 |
Percentage Change ( 24h ) | ▼0.02% ₱0.0865 |
24h High / Low | ₱56.11 / ₱56.03 |
Trading Volume 24h | ₱737,700,065,280.91 |
Volume / Market Cap | 0.32327 |
Market Dominance | 1.17% |
Market Rank | 8 |
Market Cap | ₱2,281,969,196,364.97 |
Fully Diluted Market Cap | ₱2,281,969,196,364.81 |
All Time High | ₱131.70 ▲2285.56% |
All Time Low | ₱49.18 ▲6288.19% |
Circulating Supply | 40,712,021,298 USDC |
Total Supply | 40,712,021,298 USDC |
Max Supply | - |