What is the current price of USDC (USDC)?

The current price of USDC (USDC) is 1.588754596462709 AUD, representing a +0.32 from the day prior.

Can I buy USDC (USDC) on Coinstash?

Yes - you can easily buy and sell USDC (USDC) on Coinstash. Simply login or sign up, to start buying USDC (USDC) in minutes.

Where is the best place to buy USDC (USDC) in Australia?

The best place to buy USDC (USDC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell USDC (USDC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of USDC (USDC)?

The trading volume of USDC (USDC) is 10.7B AUD in the last 24hrs, representing a +0.32 from the day prior.

How can I buy USDC (USDC)?

USDC (USDC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of USDC (USDC)?

The current market cap of USDC (USDC) is 95.8B AUD.

Can I convert USDC (USDC) to cash?

Yes - With Coinstash you can convert your USDC (USDC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many USDC (USDC) are there?

The current circulating supply of USDC (USDC) is 60.3B.

Is Coinstash a safe place to buy USDC (USDC) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling USDC (USDC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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What is USDC?

USDC is a stablecoin, often referred to as a "digital dollar," that combines the power and stability of US Dollars with the speed of the internet. It seeks to provide a stable and reliable form of digital currency that can be used globally.

How does USDC work?

USDC operates by tokenizing US dollars on multiple blockchain networks. When a user wants to acquire USDC, they send US dollars to the issuing company, Circle, which then uses a smart contract to create an equivalent amount of USDC. This process ensures each USDC token is backed 1:1 by a US dollar held in reserve. These tokens can then be transferred across blockchain networks, utilising smart contracts to facilitate secure and instantaneous transactions.

What are the potential use cases for USDC?

USDC serves a variety of functions, including acting as a stable store of value, facilitating fast and low-cost cross-border payments, and integrating into DeFi protocols for activities like trading, borrowing, and lending. It is also utilised in on-chain purchases, particularly in NFTs and digital marketplaces, and has been adopted by financial institutions for various payment and settlement purposes. Partnerships, such as those with Pockyt and Algorand, further expand its usability and ecosystem.

What is the history of USDC?

USDC was launched in 2018 by CENTRE, a joint venture between Coinbase and Circle. It was created to provide a compliant and stable digital currency fully backed by US dollar-denominated assets. Over time, USDC has grown significantly, becoming the second-largest stablecoin by market capitalization and achieving milestones such as crossing $16 trillion in transaction volume. The coin's evolution includes technological upgrades, entry into multiple blockchain networks, and a strategic emphasis on regulatory compliance and transparency.