USD Coin USDC

$0.999741up 0.03%₹94.92

AI sentiment 35 · Mildly bearish

Market cap

$71.6B

Volume (24h)

$10.0B

24h change

up 0.03%

Price in INR

₹94.92

Latest USD Coin news, analyzed

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30Initia halts blockchain after exploit reportedly drains over $2.6MCointelegraph · 24 Oct, 00:57 IST · USDC impact 30
45Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto dealsCointelegraph · 23 Oct, 03:20 IST · USDC impact 40
65Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reformCointelegraph · 22 Oct, 12:41 IST · USDC impact 50
65Tx launches USTX stablecoin to pull RWA liquidity onto its chainCointelegraph · 20 Oct, 18:23 IST · USDC impact 50
75Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cashCoinDesk · 18 Oct, 21:00 IST · USDC impact 70
45Banks Hold a Lever Over Stablecoin Adoption, BIS Economists SayDecrypt · 18 Oct, 20:57 IST · USDC impact 55

About USD Coin

USD Coin (USDC) is a stablecoin designed to stay worth one US dollar. It is issued by Circle and backed by cash and short-term US government bonds, with regular public reports on its reserves.

Explain USD Coin like I'm a beginner →

Frequently asked questions

What is the difference between USDC and USDT?

Both aim to track the US dollar. They have different issuers, Circle for USDC and Tether for USDT, and differ in how their reserves are held and reported.

How is the AI sentiment calculated?

We analyze recent news stories with AI and average the sentiment scores of stories that mention the coin over the last 24 hours. It reflects the tone of the news, not a price prediction.

How is USD Coin taxed in India?

Gains from selling or swapping USD Coin are taxed at a flat 30% plus 4% cess, a 1% TDS may be deducted on sales, and losses can't be set off against other income. Use our India crypto tax calculator for an estimate.