What is the current price of USDC?
The current price of USDC is $1.00 with a 0.01% change in the last 24 hours.
Hyperliquid perpetuals only. One snapshot every 5 minutes, up to 20 returned price levels per side. Liquidity beyond those levels is unknown. This is not a liquidation heatmap or a fill estimate.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
USDC is a US dollar stablecoin issued by Circle, redeemable 1:1 for US dollars and backed by cash and short-dated US government assets. It lets dollars move on public blockchains at internet speed, and it is used as a trading pair, DeFi collateral, a settlement asset and a payments rail across dozens of networks.
USDC matters because it is built around regulation and published reserves: monthly third-party attestations, most reserves held in a BlackRock-managed money market fund, compliance with the EU's MiCA rules since 2024, and an issuer that has been a publicly listed US company since 2025.
USDC was launched by Circle, the payments company co-founded and led by CEO Jeremy Allaire, through the CENTRE consortium that Circle formed with Coinbase to set standards for fiat-backed stablecoins.
USDC is a claim on dollars held by Circle, recorded as a token on public blockchains.
Minting Approved businesses send dollars to Circle (through Circle Mint) and receive newly issued USDC on the chain they choose.
Redemption Holders with Circle Mint accounts return USDC, the tokens are burned, and dollars are paid out. Everyone else typically exits through an exchange or on-chain swap.
Reserves Every USDC is matched by reserve assets: bank deposits, short-dated US Treasuries and overnight Treasury repurchase agreements. Most of the reserve sits in the Circle Reserve Fund (USDXX), an SEC-registered 2a-7 government money market fund managed by BlackRock and custodied at BNY Mellon, with daily third-party reporting.
Attestation A Big Four accounting firm (Deloitte) issues a monthly report under AICPA standards confirming that reserves are greater than the USDC in circulation. Reports are public on Circle's transparency page.
Official resources: USDC page, developer docs, MiCA USDC white paper, the token contract source and the Ethereum contract on Etherscan.
USDC is not a governance or fee token. Its only job is to be a dependable dollar on-chain: a unit of account for trading, a collateral asset for lending, a settlement currency for payments and payroll, and a way to hold dollar value inside crypto without leaving the blockchain. Circle does not pay interest to holders, and the GENIUS Act prohibits payment stablecoin issuers from doing so.
Tether (USDT) is the larger dollar stablecoin and is widely used on offshore trading venues, but it follows a different issuer, reserve and regulatory path from Circle. Dai is issued by a decentralized protocol against crypto and other collateral, so it avoids a single corporate issuer but depends on smart contracts and collateral markets. PayPal USD is also a regulated, fully reserved dollar token, tied to PayPal and its payment apps rather than to Circle. Ethena USDe is a synthetic dollar backed by hedged crypto positions, not cash.
USDC security has two layers. Off-chain, the peg depends on the reserves: their quality, the custodians that hold them and the attestations that verify them. On-chain, the FiatToken contract is upgradeable and has administrative roles: Circle controls minters, can blacklist addresses so they cannot send or receive USDC, and can pause all transfers if a serious bug or key compromise occurs. These controls let Circle respond to hacks and legal orders, but they also mean holders trust Circle not to misuse them.
USDC is a central piece of crypto's link to the dollar system. Its reserve model and monthly attestations closely match what the GENIUS Act and MiCA now require, and with CCTP and Arc Circle is pushing USDC from a trading tool toward general-purpose internet money.
USDC is available on most major centralized exchanges and can be swapped on decentralized exchanges on every chain where it is natively issued. Businesses can mint and redeem directly through Circle Mint. Availability varies by jurisdiction.
USDC is held in any wallet that supports the chain it lives on: an EVM wallet for Ethereum, Base or Arbitrum, a Solana wallet for Solana USDC, and so on. Always send USDC on the same network the receiving address expects, and prefer native USDC over bridged versions. Hardware wallets add protection for larger balances.
Track USDC live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for USDC on CoinRithm before using real money.
Use a crypto paper trading account to demo trade USDC with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading USDC with real money.
Read the complete paper trading guideThe current price of USDC is $1.00 with a 0.01% change in the last 24 hours.
The daily trading volume is $1,575,985,286 representing a 60.42% change in the past 24 hours.
The market capitalization of USDC is $72,994,299,514, ranking #6 globally.
The fully diluted valuation (FDV) of USDC is $72,994,299,514, calculated using circulating supply because the maximum supply is unlimited.
Circulating: 72,938,899,295. Total: 72,998,214,199. Max: ∞.
In the last 24 hours, USDC traded between a low of $1.00 and a high of $1.00.

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