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Usd Coin Price Chart in INR

Day
Week
Month

Last Price _{▾ -0.57%}

₹ 81.28

24h High

₹ 82.04

24h Low

₹ 81.19

24h Vol

₹ 130980174072

1 USDC to INR

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Current Price of 1 USDC = 600,000 INR

For 100 INR you will get = 0.00045 USDC

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Usd Coin Price History in INR

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Time	Price in INR	Change in %

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About USD Coin (USDC)

Market Cap Rank

The stablecoin USD coin (USDC) is an Ethereum-based digital currency whose value is pegged at 1:1 to the U.S. dollar. Each USDC is backed by one dollar or a similar asset that is kept in accounts with financial institutions subject to U.S. regulatory control. Therefore, owners can always exchange one U.S. dollar coin for one dollar.

What is a USD Coin (USDC)?

A digital currency called USD Coin (USDC) is backed by assets pegged to the dollar. Being a stablecoin, USDC is designed to have a constant value. The value of one USDC coin is equal to the value of one U.S. dollar, making USDC a tokenized version of the dollar.

To maintain price stability, stablecoins are frequently backed by reserve assets like dollars or euros. The USDC price stability starkly contrasts the well-known price swings of other cryptocurrencies like Bitcoin and Ethereum.

In a word, USD Coin is a service that tokenizes US dollars and makes them usable on public blockchains and the internet. Additionally, USDC tokens are instantly convertible to US dollars. A smart contract called ERC-20 makes sure that USDC coins are issued and redeemed. By placing US dollars on the blockchain, they may be delivered instantly anywhere in the world and provide cryptocurrencies with much-needed stability.

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Who Created a USD Coin (USDC)?

A group called Centre, which was established by Circle and included representatives from the cryptocurrency exchange Coinbase and the Bitmain Bitcoin mining business, an investor in Circle, manages USD Coin.

How USD Coin Works?

USDC is a tokenized representation of the U.S. dollar (USD). It is entirely redeemable, which allows you to exchange it for the cash you used to fund your account. Customers can quickly and affordably move value anywhere in the world with the help of USDC. USDC's value is directly linked to the U.S. dollar, unlike several stablecoins connected to the price of a single item or a basket of assets. Cash and short-term U.S. Treasury securities make up the USDC reserves maintained in segregated accounts with regulated U.S. financial institutions in the U.S.

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USD Coin (USDC) Price Prediction

Usd Coin Price Today in India is ₹ 81.28 with a 24-hour trading volume of ₹1,30,98,01,74,072. In the last 24 hours, USDC-INR price has decreased by -0.57%. Usd Coin CoinMarketCap rank is 5. The circulation supply of Usd Coin is 43,35,40,58,802.1359USDC coins, with maximum circulating supply being unlimited.

USD Coin Price Prediction 2022

By the end of 2022, it is predicted that USD Coin will reach $1.015. In comparison to the current price, the predicted average USDC price for 2022 is $1.008, a rise of 0.70%. The highest anticipated price for 2022, $1.260, is expected to be achieved in October 2022.

USD Coin Price History 2021

Since January, the price of a USD coin has consistently ranged between $0.9998 and $1, with the highest price ever recorded on April 4th at $1.01. At the end of 2021, the USDC price ranged from $0.997 to $1. To avoid any type of risk, USD Coin is stick to 1$ and through lend and stake people can earn.

Is USD Coin A Good Investment in 2022?

According to Wallet Investor's USDC prediction, the stablecoin's average price would remain at $1 in 2022. According to its USDC price forecast for 2025 and 2027, the coin would remain between $0.999 and $1.002 on average.

By establishing connections with traditional financial institutions, USDC has continued to set itself apart from other stablecoin projects in an environment that appears to be lightly regulated.BlackRock disclosed that it has engaged into a deeper strategic engagement with Circle, which includes researching capital market uses for USDC after a $400 million fundraising round in which it was joined by Fidelity, Fin Capital, Marshall Wace LLP, and BlackRock.

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Usd Coin Features

Quick And Easy Transaction:

Sending USDC is quicker than sending traditional currencies because payments happen instantly, and it is possible to do so around the clock. Its minimal transaction costs make it both time and money efficient to use

Constant Value:

The value that the USDC offers is constant. It only varies when the value of the dollar changes. This will probably be routinely upheld

Earn:

Since you can utilize the USDC to boost profits in margin trading, it offers better leverage. Although the payoff will be small, the trade will still benefit from it.You can Stake and Lend to Earn more through USD Coin

High Liquidity:

Due to its 1:1 withdrawal ratio and direct link to the US currency, it offers higher liquidity.

Should I Buy Usd Coin in India with BuyUcoin?

BuyUcoin users can buy and sell Usd Coin through various payment methods we provide. It’s quick, simple, and safe. BuyUcoin is an exchange platform where consumers can swap digital currencies such as Bitcoin, Ethereum, Shiba Inu, Dogecoin and over 150 other cryptocurrencies. In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100.

BuyUcoin, which has over 1M+ registered users, provides a comprehensive range of options that allow users to buy, sell, trade and store cryptocurrencies at a low price in India. Start trading now to receive INR100 worth of free Usd Coin after registering.