USDC
USDC
USDC
Average
64.62K
47.63K
197.75K
Average
530
728
494
Average
57
59
67
Average
117
138
139
USDC Timeline
USDC Token allocation
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USDC Info
USDC Team
OrganizationsUSDC Intro
USDC, or USD Con is the second largest stablecoin by market capitalization. USDC was first announced by Circle on May 15, 2018 and launched in September 2018. According to the official report, the underlying assets supporting USDC issuance are composed of highly liquid short-term treasury bonds and cash.
USDC has seen significant adoption across a variety of platforms, including decentralized finance (DeFi) protocols, centralized exchanges, and blockchain networks. It is supported by major blockchains, such as Ethereum, Solana, and Avalanche, enabling seamless cross-chain transactions and providing liquidity in diverse ecosystems. USDC has rapidly grown into a key asset for institutional and retail investors alike, facilitating easy on-ramps for fiat-to-crypto conversions and serving as a stable alternative to volatile cryptocurrencies. The growing acceptance of USDC by various financial and technological players underscores its widespread utility in the evolving digital financial landscape.
Above are only for introduction, not intended as investment advice.
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Q&A about USDC Tokenomics
Explore the tokenomics of Circle (USDC) and review the project details below.
What is the allocation for Circle (USDC)?
USDC does not have an initial allocation.
What is the supply schedule for Circle (USDC)?
USDC is a stablecoin. When users purchase USDC from Circle, the company will deposit the corresponding amount of US dollars in its bank account, and then issue the corresponding amount of USDC on the blockchain.
On the other hand, when users want to exchange USDC for US dollars, they can send USDC to Circle Company. The company will withdraw the corresponding amount of US dollars from its bank account for the user, and then destroy/burn the corresponding amount of USDC.
Now the Circulating Supply of USDC means the difference between USDC mint and burn, you can find the latest amount on https://www.circle.com/en/usdc#transparency
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USDC, or USD Con is the second largest stablecoin by market capitalization. USDC was first announced by Circle on May 15, 2018 and launched in September 2018. According to the official report, the underlying assets supporting USDC issuance are composed of highly liquid short-term treasury bonds and cash.
USDC has seen significant adoption across a variety of platforms, including decentralized finance (DeFi) protocols, centralized exchanges, and blockchain networks. It is supported by major blockchains, such as Ethereum, Solana, and Avalanche, enabling seamless cross-chain transactions and providing liquidity in diverse ecosystems. USDC has rapidly grown into a key asset for institutional and retail investors alike, facilitating easy on-ramps for fiat-to-crypto conversions and serving as a stable alternative to volatile cryptocurrencies. The growing acceptance of USDC by various financial and technological players underscores its widespread utility in the evolving digital financial landscape.
Above are only for introduction, not intended as investment advice.