About USD Coin:
USD Coin launched in September 2018. It is a stable digital currency based on the Ethereum blockchain. Which is designed to be 1:1 with the United States Dollar (USD). The coin was created with the aim of making cashless transactions common. Today we will discuss USD Coin Price Prediction.
USD Coin was launched by Circle and Coinbase in the year 2018. The USDC coin is specifically designed to be used as a stable and secure medium of exchange in volatile cryptocurrency markets.
USD Coin is a stablecoin that is pegged to the US Dollar on a 1:1 basis. USDC is issued by regulated financial institutions, the Center Consortium says. Several use cases have been unveiled for the USD coin.
Investors believe the coin could provide a safe haven for crypto traders during these volatile times, as well as allow businesses to accept payments in digital assets.
Overall, USD Coin’s goal is to get USDC accepted by as many wallets, exchanges, service providers, and DApps as possible.
Technology Use in USD Coin:
USDC is one such cryptocurrency which is a fully reserved stablecoin. Unlike other cryptocurrencies whose market price fluctuates, USDC is designed to maintain value parity with the US dollar. USDC works on blockchain technology, giving it both the speed and security of blockchain.
The USDC coin is used to send tokenized dollars over the blockchain network. Which is much faster, easier, and cheaper than sending dollars through the old banking system. USDC is found on many blockchain platforms such as Ethereum, Solana, Algorand, Stellar, Tron, and Hedera.
USD Coin Financial Groth:
USDC was launched in late 2018. The price of USDC reached an all-time high of $1.19 in May 2019, a year after launch, and reached an all-time low of $0.891848 in May 2021. Changes in supply and demand are the main reason for stablecoins to fall below the $1 peg.
According to the report released by leading global accounting firm Grant Thornton, the total USDC reserves held by the company include US Treasury securities worth $42.3 billion and cash deposits totaling $12.2 billion.
USD Coin Fundamentals:
| Coin Release Date | September 2018 |
| Coin Prices | $ 1.00 |
| Market Cap. | $ 26.21B |
| Diluted Market Cap | $ 17.82B |
| Volume | $ 2.37B |
| Vol. / M. Cap Ratio | 0.0901 |
| Circ. Supply | 26.21B |
| Total Supply | 48.88B |
| Max Supply | 17.82B |
| Supply Inflation | -48.85% (Low) |
| Dominance | 2.48% |
| ATH | $ 1.480650 (-32%) |
| ATH Date | Dec 13, 2022 |
| ATL | $ 0.880000 |
| ATL Date | Mar 11, 2023 |
| 52-week high | $ 1.480650 |
| 52-week low | $ 0.499950 |
| Cycle Low | $ 0.880000 |
| Cycle High | $ 1.008000 |
| Platform | Kraken, Gemini, Binance.US, Bitstamp, KuCoin |
| Sentiment | Bullish |
| Fear & Greed Index | 45 (Fear) |
USD Coin Live Chart:
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USD Coin Key Features :
- USD Coin’s priority is to provide stability and reliability to its users. Each USDC token is fully collateralized, as a stablecoin, and is equivalent to the US dollar. USDC is matched 1:1 with USD. As fluctuations in the price of cryptocurrency are common, its price also fluctuates.
- USDC reserves are accurate according to third-party audits and are in line with the total supply. The transparency of USD Coin builds trust and makes USDC a reliable and reputable stablecoin.
- USD coin is widely accessible, as well as listed on a variety of platforms and exchanges, due to which it has high liquidity. Traders or investors can easily acquire USDC coins or use them for trading.
- Generally, the coins available in the crypto market are slow and expensive. But
USDC works on blockchain technology, allowing transactions to be completed quickly and at a low cost.
USD Coin Price Target for the Year 2024:
Since there is a recession going on for all the coins in the crypto market right now, still market experts believe that the USD coin will be in a very good position by the year 2024.
According to this, by the end of the year 2024, the price of USD coins may be around $1.15 to $1.30.
USD Coin Price Target for the Year 2025:
USD Coin was launched in September 2018. A year after its launch, USD Coin experienced a massive rally in 2019. In 2019 the price of one USD coin reached approximately $1.19.
Market experts believe that the cryptocurrency market may definitely see a boom again in the year 2025. If this happens, the price of one USD coin could be between approximately $1.25 and $1.40 in the year 2025.
USD Coin Price Target for the Year 2030:
A new era of the digital market will start by the year 2030. The spread of the Metaverse and Web 3.0 is expected to increase in the coming years, along with which the crypto market will also expand. If a bull rally occurs in 2030, USD prices could skyrocket.
Market experts believe that in the year 2030, the price of USD coins may be between $1.90 to $2.15.
USD Coin Price Prediction 2025, 2030, 2025, 2026, 2027, 2028, 2029, 2035, 2050:
USD coin can prove to be a good coin to invest in if you want to make huge profits from crypto in the long term. If we talk about the long term, the USD coin along with many other crypto coins can also reach new highs.
Investing in USD coin can be a great long-term strategy at this time, as this coin has great growth potential.
| Year | Low | High |
| 2023 | $0.90 | $1.05 |
| 2024 | $1.15 | $1.30 |
| 2025 | $1.25 | $1.40 |
| 2026 | $1.30 | $1.45 |
| 2027 | $1.40 | $1.55 |
| 2028 | $1.60 | $1.75 |
| 2029 | $1.70 | $1.95 |
| 2030 | $1.90 | $2.25 |
| 2035 | $3.25 | $3.75 |
| 2040 | $5.25 | $5.85 |
| 2045 | $8.35 | $8.75 |
| 2050 | $12.10 | $12.50 |
USD Coin Price Prediction YouTube Video:
In the End:
Like all cryptocurrencies, investors should keep the long-term process in mind. USD is generating enough buzz, that it may be a possibility worth pursuing.
The best thing about USD is that it works on blockchain technology due to which it is secure as well as easily available in the market.
USD could be a great token for many investors, as its value is expected to increase in the coming years, making the coin one of the largest cryptocurrencies.
If you want to use USD coin, it is very easy to buy and sell it. You can easily buy and sell it using platforms like Kraken, Gemini, Binance.US, Bitstamp, and KuCoin. It is important to have a wallet to store crypto safely, if you want more security for it then it is advisable to get a hardware wallet.
FAQs:
Is USD Coin a good investment?
USD coin can be a good investment because USDC works on blockchain technology, due to which it has attracted investors.
Will USDC always be $1?
USDC is a digital dollar, 100% backed by highly liquid cash and cash-equivalent assets, and can always be redeemed 1:1 for US dollars.
How risky is the USD Coin?
USD Coin is managed by multiple companies, so there is not much risk in USD Coin. USD coins are always redeemable at 1:1 for US dollars.
Can I make money with USD Coin?
The primary function of USD Coin is as a stablecoin, investors who purchase USD Coin will not see much profit from their purchase.
Could USDC Go to Zero?
USDC is a stable digital currency pegged to the value of the US Dollar, each USDC token aims to maintain a 1:1 ratio with the US Dollar. So USD Coin is highly unlikely to go to zero.
Who owns USD coin?
The USD coin is managed by a consortium called Center, which was founded by Circle and includes members of cryptocurrency exchange Coinbase and Bitcoin mining company Bitmain, an investor in Circle.
Why is the USD coin popular?
The USD coin is popular because, investors believe the coin can provide a safe haven for crypto traders during these volatile times, as well as allow businesses to accept payments in digital assets.
Should I Invest in USDC Crypto?
In digital currencies, where prices can rise or fall with little impact, maintaining stability is challenging. The USD coin is a stable currency. This may be the perfect option for you!
How much is 1 USDC?
The current value of 1 USDC is $1.00 USD.
How strong is USDC?
USDC’s price movement and range suggest that investors are neutral on the token at the moment.
Disclaimer:
- Crypto and Stock Market Investment is subject to market risks, read all scheme-related documents carefully before investing.
- Any target mentioned on this website is taken by our personal analysis, and we are not registered advisors, Our objective is only to provide detailed information related to the company’s business to the public. Do not forget to consult your financial advisor before making any investment-related decision.