Number of on-chain transactions for USDC in the last 24h.
Buying addresses : 305,115
Selling addresses : 346,397
Comparison of fund inflow vs outflow for USDC, identifying the market momentum.
Inflow : $152,542,466
Outflow : $153,296,410
Type of players driving the momentum in USDC: Whales, dolphins or fish.
Buy : $149,110,925
Sell : $148,949,743
Large
$67,370,097 Buy
$70,747,366 Sell
Medium
$16,606,168
$10,802,121
Small
$65,134,660
$67,400,256
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.
$40,789,740
USDC
22,050,155
USDS
18,739,822
USDC : USDS
1:0.999616
$27,482,760
USDC
6,295,627
SOL
263,888
USDC : SOL
1:0.012456
$25,285,405
USDC
12,058,872
PYUSD
13,224,516
USDC : PYUSD
1:0.999848