Number of on-chain transactions for USDC in the last 24h.
Buying addresses : 363,574
Selling addresses : 435,704
Comparison of fund inflow vs outflow for USDC, identifying the market momentum.
Inflow : $257,627,709
Outflow : $274,946,753
Type of players driving the momentum in USDC: Whales, dolphins or fish.
Buy : $248,498,317
Sell : $264,983,070
Large
$122,550,850 Buy
$129,421,534 Sell
Medium
$24,488,779
$22,955,717
Small
$101,458,688
$112,605,819
USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions. The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common. Several use cases have been unveiled for the USDC. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.
$42,399,600
USDC
22,979,678
USDS
19,419,772
USDC : USDS
1:0.999992
$27,885,919
USDC
9,170,333
SOL
227,379
USDC : SOL
1:0.012149
$25,622,057
USDC
10,871,436
PYUSD
14,772,247
USDC : PYUSD
1:0.999959