USD Coin (USDC) is yet another dollar-backed stablecoin claiming to have a 1:1 value with the real US Dollar. This implies that if someone has 1 USDC and wants to exchange it for 1 USD, they can without any slippage in the market. Stablecoins like USDC provide much-needed stability in the volatile crypto market, giving HODLers a safe place to store assets without fully “cashing out” back into the fiat world. USDC was created by the popular crypto exchange Coinbase and Circle, a Boston-based crypto finance company.
The USDC price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines USDC price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor USDC prices efficiently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest USDC price anytime, anywhere. Diamond hands.
The crypto market constantly changes, however, our interest rates are stable as ever. Since 2019, our USDC savings account has featured 12% APR + compounding interest.