Number of on-chain transactions for USDC in the last 24h.
Buying addresses : 8,388
Selling addresses : 8,329
Comparison of fund inflow vs outflow for USDC, identifying the market momentum.
Inflow : $270,817,344
Outflow : $314,376,143
Type of players driving the momentum in USDC: Whales, dolphins or fish.
Buy : $270,155,267
Sell : $311,905,579
Whales
$224,458,130 Buy
$267,445,531 Sell
Dolphins
$15,545,520
$15,101,482
Fish
$30,151,617
$29,358,567
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.
$152,228,364
USDC
45,291,707
WETH
53,067
USDC : WETH
1:0.0004961
$62,137,507
USDC
42,601,718
DAI
19,545,869
USDC : DAI
1:0.99992