Table of Contents:
- Coin prognosis
- What is USD Coin coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy USDC
Possible bearish downtrend on USD Coin Downside
USD Coin's price has performed poorly over the past weeks. Buying USDC at this time may lead to loss of capital.
USDC Price | $1.0000 USD |
Price Change 24hours | $0.0000 USD (0.00%) |
24h Low / 24h High | $0.9998 / $1.0000 USD |
Trading Volume 24hours | $7,166,813 USD |
Market Cap | $43,085,287,424 USD |
What is USD Coin? Fundamental Analysis
USD Coin (USDC) is a fully collateralized US Dollar stable coin. It is built on the open source fiat stable coin framework developed by CENTRE, and Circle is the first of several forthcoming issuers of USDC.USDC is designed to minimize price volatility and it does so by ensuring that every unit of USDC is only created when a corresponding US Dollar is deposited into a reserve bank account. Its major application at this point is as a mechanism for trading and hedging in global crypto capital markets. However, USDC is being adopted for use cases such as lending, payments, investments, and further applications within financial contracts such as derivatives contracts, insurance contracts, and security tokens.Commercial issuers of USDC are required by CENTRE to be licensed to handle electronic money; have audited AML and Compliance programs that meet FATF standards; back all tokens on a fully reserved basis and provide monthly published proof of reserves attested to by certified public auditors; support fungible exchange and redemption of USDC tokens from other authorized issuer members; meet other reporting and review requirements established by CENTRE Note that as a fully collateralized stablecoin, the supply is determined by the USD deposits being taken on issuing services such as circle.com/usdc.Recently, CENTRE announced that Coinbase is joining Circle as a founding member of CENTRE Consortium, and as part of this USDC is now available on Coinbase Pro and coinbase.com.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Jan 31, 2023 | $1.0000 | Neutral |
March, 2023 | $ 1.0000 USD | Downside |
March, 2023 | $ 1.0002 USD | Upside |
May, 2023 | $ 1.0008 USD | Upside |
July, 2023 | $ 1.0000 USD | Downside |
January, 2024 | $ 1.0004 USD | Upside |
USDC Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
What will be the highest price of USD Coin (USDC) in future? | Our analysis shows a possible all time high of $1.0004 USD |
Will USD Coin (USDC) price increase in future? | Our prognosis shows USD Coin (USDC) will increase exponentially in future, attaining a possible coin price of $1.0004 USD |
Will an Investment in USD Coin (USDC) be profitable or make a loss? | USD Coin will be a profitable investment in the next 1 year, giving hodlers a good return. |
What will be the highest price of USD Coin (USDC) in future? | $1.0004 USD |
Will the price of USD Coin (USDC) move downward in future? | Up only |
At the end of the year, what will be the price of 1 USD Coin? | Our algorithms indicates an end of year price of 1 USDC = $1.0004 USD. |
What is the USD Coin price prediction for 2025? | By the year 2025, the price of one USDC could be as high as $5.0020 USD |
USD Coin price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
Where do I buy USD Coin? | Purchase USDC coin here → |
Historical Price Data (USD)
Poor volume like USDC could be an indication of short term bearishness.
Date | Price | Volume |
---|---|---|
January 30, 2023 | $1 | $946,157 |
January 29, 2023 | $0.9994 | $502,169 |
January 28, 2023 | $1 | $275,375 |
January 27, 2023 | $0.9998 | $65,135 |
January 26, 2023 | $0.9998 | $491,014 |
January 25, 2023 | $1 | $724,010 |
January 24, 2023 | $1 | $78,070 |
January 23, 2023 | $0.9998 | $70,991 |
January 22, 2023 | $1 | $62,338 |
January 21, 2023 | $0.9994 | $96,471 |
January 20, 2023 | $0.9999 | $82,874 |
January 19, 2023 | $0.9999 | $489,160 |
January 18, 2023 | $1 | $82,438 |
January 17, 2023 | $1 | $21,586,116 |
January 16, 2023 | $0.9999 | $66,449 |
January 15, 2023 | $0.9996 | $44,456 |
January 14, 2023 | $1.001 | $107,035 |
January 13, 2023 | $0.9996 | $94,674 |
January 12, 2023 | $1 | $39,537,194 |
January 11, 2023 | $1 | $37,828,777 |
January 10, 2023 | $1 | $22,745,102 |
January 9, 2023 | $1 | $28,241,468 |
January 8, 2023 | $0.9999 | $9,867,846 |
January 7, 2023 | $1 | $11,630 |
January 6, 2023 | $0.9999 | $23,972,392 |
January 5, 2023 | $1 | $23,631,783 |
January 4, 2023 | $1 | $58,831 |
January 3, 2023 | $0.9999 | $26,819,540 |
January 2, 2023 | $1 | $12,783,960 |
January 1, 2023 | $1 | $20,265 |
Steps to buy USD Coin (USDC) in 2023
- Buy USDC with USD: Purchase USDC with USD on the following exchanges: Bitstamp, Kraken, Cexio, Liquid, Bitfinex, BitTrex, crosstower, IndependentReserve, binanceusa, Exmo, BitBay, EXRATES, Yobit, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports USDC/BTC pair. You can buy USDC with Bitcoin at BitTrex, Exmo, oneinch, uniswap, BitTrex, OKEX, Exmo, Yobit, .
- Now, Buy USD Coin with BTC: Below is a detailed breakdown of exchanges that support USD Coin and their trading.
Exchanges that support USDC/USD Pair
Exchange | Trade Pair | Rating |
---|---|---|
Bitstamp | USDC/USD | AA |
Kraken | USDC/USD | AA |
Cexio | USDC/USD | A |
Liquid | USDC/USD | A |
Bitfinex | USDC/USD | A |
BitTrex | USDC/USD | A |
crosstower | USDC/USD | A |
IndependentReserve | USDC/USD | BB |
binanceusa | USDC/USD | BB |
Exmo | USDC/USD | BB |
BitBay | USDC/USD | B |
EXRATES | USDC/USD | B |
Yobit | USDC/USD | D |
Exchanges that trade USDC/BTC Pairs
Exchange | Trade Pair | Rating |
---|---|---|
BitTrex | USDC/BTC | A |
OKEX | USDC/BTC | BB |
Exmo | USDC/BTC | BB |
Yobit | USDC/BTC | D |
Exchanges that allow USDC/BTC trading
Exchange | Trade Pair | Exchange Grade |
---|---|---|
BitTrex | USDC/ETH | A |
Exmo | USDC/ETH | BB |
oneinch | USDC/ETH | - |
uniswap | USDC/ETH | - |