USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. All units of this cryptocurrency in circulation are backed up by 1 USD held in reserves, in a mix of cash and short-term American government bonds. USDC was designed to be used for global payments, decentralized finance, and gambling. USDC is based on an ERC-20 token that runs on the Ethereum network.
USDC is controlled by a consortium that includes Circle, Coinbase, and Bitmain.
When will it reach 1 dollar?
USDC has already reached the value of 1 dollar and is constantly maintaining it, as it is its main objective. As a stablecoin, USDC does not have strong volatility and follows the value of the US dollar. The price of USDC may vary slightly depending on market conditions, but it typically stays close to 1 dollar
.
When will it reach 10 dollars?
USDC does not aim to reach 10 dollars, as it would be contrary to its nature as a stablecoin. To reach 10 dollars, USDC would have to devalue more than 900% against the US dollar, which would be very unlikely and undesirable. If USDC were to deviate significantly from its nominal value, the consortium that manages it would have the task of intervening to
restore balance.
When will it reach 100 dollars?
USDC does not aim to reach 100 dollars, as it would be contrary to its nature as a stablecoin. To reach 100 dollars, USDC would have to devalue more than 9,900% against the US dollar, which would be practically impossible and catastrophic. If USDC were to deviate significantly from its nominal value, the consortium that manages it would have the task of intervening to
restore balance.
When will it reach 1000 dollars?
USDC does not aim to reach 1000 dollars, as it would be contrary to its nature as a stablecoin. To reach 1000 dollars, USDC would have to devalue itself by more than 99.900% against the US dollar, which would be absolutely unthinkable and disastrous. If USDC were to deviate significantly from its nominal value, the consortium that manages it would have the task of intervening to
restore balance.
Is it considered a good investment?
USDC is not considered a good investment in terms of earnings, as it does not offer significant returns. As a stablecoin, USDC doesn’t have a strong growth or a strong fall, but it does follow the value of the US dollar. USDC is considered a good investment in terms of security, as it offers protection against the volatility and risk of other cryptocurrencies. USDC is also useful for facilitating transactions, conversion, and participation in Ethereum-based projects
.
Table with price forecasts from 2024 to 2030
The USDC price forecasts are based on the assumption that USDC maintains its face value of 1 US dollar. However, there may be variations depending on market conditions, supply and demand, regulation and unforeseen events. USDC price forecasts are not guarantees or investment advice, but only indicative estimates. Here is a table with USDC price forecasts from 2024 to 2030
| Anno | Average price | Minimum price | Maximum price |
|---|---|---|---|
| 2024 | $1.00 | $0.99 | $1.01 |
| 2025 | $1.00 | $0.99 | $1.01 |
| 2026 | $1.00 | $0.99 | $1.01 |
| 2027 | $1.00 | $0.99 | $1.01 |
| 2028 | $1.00 | $0.99 | $1.01 |
| 2029 | $1.00 | $0.99 | $1.01 |
| 2030 | $1.00 | $0.99 | $1.01 |
Frequently Asked Questions
Where can I buy USD Coin with fiat currency?
You can buy USD Coin with fiat currency on Kraken, one of the most established platforms in the cryptocurrency industry. Currently, Kraken quotes USD Coin in pairs with the US Dollar, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. You can buy cryptocurrency on Kraken using a Visa or Mastercard card, or fund your account via bank transfer or
other methods.
Where can I buy USD Coin with USDT?
You can buy USD Coin with USDT on the Binance cryptocurrency exchange. Binance is one of the most popular platforms in the world, managing a USD Coin trading volume of $741.85 million in the last 24 hours. Binance also offers a wide selection of other cryptocurrencies, giving you multiple trading options in addition to
USD Coin.
On which exchange can I buy USD Coin with a credit card?
You can buy USD Coin with a credit card on Binance and other platforms such as [Enter other platforms here]. Using a credit card is a quick and convenient method for buying cryptocurrency, although it usually involves higher fees than other ways of buying cryptocurrency with fiat currency.
What is the trading volume of USD Coin over the last 24 hours?
The trading volume of USD Coin over the last 24 hours is $4.59 billion. The cryptocurrency is listed on 95 exchanges, with 1594 trading pairs available
.
Which exchange has the highest trading volume of USD Coin?
Currently, the most popular exchange for trading USD Coin is Binance, which has handled $741.85 million worth of USDC trading in the last 24 hours.
What is the most popular USD Coin trading pair?
The most popular USD Coin trading pair is USDC/USDT. Over the past 24 hours, this pair recorded a trading volume of $620.52 million on 95 different cryptocurrency exchanges
.