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How to Buy USDC
Good news! You can buy USDC on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy USDC.
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About USDC
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
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8/14/2025, 7:39:21 PM
Trading Insights
Traders
244K
Market Stats
Market Cap
CA$92.95B
FDV
CA$92.95B
Circ. Supply
67B USDC
Max Supply
Not enough data
Total Supply
67B USDC
Performance
Popularity
#7
Dominance
1.74%
Volume (24H)
CA$41.35B
32.13%
Volume (7D)
CA$188.61B
Volume (30D)
CA$477.37B
All time high
CA$1.38
Price Change (1Y)
Additional details
Market details
USDC vs markets
↘ 47.45%
USDC vs BTC
↘ 51.33%
USDC vs ETH
↘ 43.74%
Tags
medium-of-exchange
stablecoin
asset-backed-stablecoin
usd-stablecoin
+3
Network & Addresses
Network | Address | |
|---|---|---|
Worldchain | 0x79A02482A880bCE3F13e09Da970dC34db4CD24d1 | |
Sonic | 0x29219dd400f2Bf60E5a23d13Be72B486D4038894 | |
Unichain | 0x078D782b760474a361dDA0AF3839290b0EF57AD6 | |
Ethereum | 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$1.38 | 0.00% |
1 Day | CA$1.38 | 0.00% |
1 Week | CA$1.38 | 0.00% |
1 Month | CA$1.37 | 0.00% |
1 Year | CA$1.37 | 0.00% |
Coinbase insights
Recent trends
The latest USDC price is CA$1.38. USDC's all time high is CA$1.38, which was reached on October 22, 2018. This is a -0% change from its price today.
The market cap is currently CA$92.95B, which is a result of multiplying the current price of USDC(CA$1.38) by the total supply(67,331,220,813 USDC). The fully diluted valuation of USDC is CA$92.95B. The diluted valuation of USDC is CA$92.95B.
FAQ
USDC (USD Coin) is a stablecoin designed to maintain a 1:1 peg to the U.S. dollar, aiming to provide stability in the cryptocurrency market. Each USDC token is backed by reserves consisting of cash and short-term U.S. Treasury bonds. Introduced in 2018 by the Centre Consortium, a collaboration between Circle and regulated financial institutions, USDC seeks to bridge traditional finance with blockchain technology. It is widely used for transactions, decentralized finance (DeFi), and digital payments across multiple blockchain networks.
USDC operates as a stablecoin primarily issued as an ERC-20 token on the Ethereum blockchain, ensuring compatibility with Ethereum-based applications. Each USDC in circulation corresponds to a U.S. dollar held in reserve, with new tokens minted as users exchange fiat currency for USDC through verified platforms. To maintain transparency, independent accounting firms regularly audit reserves, ensuring that the total USDC supply aligns with the corresponding reserve value. This system is designed to support price stability and reduce volatility.
USDC is used in various cryptocurrency applications, including DeFi protocols, peer-to-peer transactions, and digital commerce. Businesses utilize USDC for payment processing, while individuals use it for remittances, savings, and smart contract interactions. As a stable digital asset, USDC integrates into lending, borrowing, and trading platforms, providing a price-stable option for decentralized financial activities. Its blockchain compatibility enables seamless transactions across multiple networks.
USDC was launched in 2018 by the Centre Consortium to introduce a stable digital asset within the cryptocurrency market. The project was created to provide a transparent and fully backed stablecoin that could operate within the growing blockchain ecosystem. In 2020, USDC underwent smart contract upgrades to enhance its functionality for digital payments. Over time, it has expanded to multiple blockchain networks, increasing its adoption in DeFi and other financial applications while maintaining its 1:1 peg to the U.S. dollar.
USDC can be acquired through digital platforms that support stablecoin transactions. Users can send, receive, and store USDC in compatible cryptocurrency wallets. These platforms also provide tools to track USDC’s live price and compare it to market trends. Ensuring that the chosen platform supports USDC’s underlying blockchain network is essential for smooth transactions and asset management.
USDC is designed to maintain a price of $1, functioning as a stablecoin within the cryptocurrency market. Its value is supported by cash reserves and short-term U.S. Treasury bonds that back the circulating supply. Minor fluctuations may occur due to trading volume or liquidity conditions, but mechanisms are in place to sustain the 1:1 peg with the U.S. dollar.
USDC is structured to maintain a stable value of $1, backed by reserves of cash and short-term U.S. government securities. Market activity may occasionally cause small deviations in price, but transparency measures and reserve backing aim to ensure price stability. The design of USDC seeks to provide a consistent value across various market conditions.
USDC is intended to retain its $1 peg through its reserve-backed structure. As long as its operational framework remains unchanged, USDC is expected to maintain stability in 2025. However, external factors such as regulatory developments or shifts in market demand could influence the broader cryptocurrency ecosystem, potentially affecting its adoption and circulation.
USDC and USDT are both stablecoins pegged to the U.S. dollar, but they differ in issuance and transparency. USDC is issued by the Centre Consortium, with regular audits providing insight into its reserve holdings. USDT, issued by Tether, also seeks to maintain stability but has faced scrutiny regarding the transparency of its reserves. Users may choose between these stablecoins based on preferences for audit transparency, reserve disclosures, and blockchain compatibility.
We update our USDC to CAD currency in real-time. Get the live price of USDC on Coinbase.
The current market cap of USDC is CA$92.95B. A high market cap implies that the asset is highly valued by the market.
The all-time high of USDC is CA$1.38. This all-time high is highest price paid for USDC since it was launched.
Over the last 24 hours, the trading volume of USDC is CA$41.35B.
Assets that have a similar market cap to USDC include Solana, TRON, BNB, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of USDC is 67 billion.
USDC ranks 7 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 99% of Coinbase users are buying USDC. In other words, 99% of Coinbase customers have increased their net position in USDC over the past 24 hours through trading.
Yes, USDC is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy USDC guide.
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Coinbase Bytes
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Jul 02, 2025
Market Bytes: Circle’s post-IPO performance shows market demand is high
Last month, USDC issuer Circle debuted on public markets with one of the year’s biggest IPOs, raising more than $1.1 billion as the stock spiked from $31 to as high as $292 before correcting slightly to around $182 this week. (Disclosure: Coinbase has an equity stake in Circle.)
This week, analysts from a wide range of firms (including Barclays, Bernstein, and Needham) issued “buy” ratings for the stock, a signal that there could be pent-up demand among investors for exposure to the stablecoin sector. Currently, Circle is the only publicly traded stablecoin firm in the U.S.
"CRCL is building a market-leading digital dollar stablecoin network, with a strong regulatory edge, liquidity headstart and marquee distribution partnerships. This is hard to replicate, in our view," Bernstein analysts said in a note.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.