Number of on-chain transactions for USDC in the last 24h.
Buying addresses : 25,460
Selling addresses : 24,111
Comparison of fund inflow vs outflow for USDC, identifying the market momentum.
Inflow : $13,353,306
Outflow : $12,215,883
Type of players driving the momentum in USDC: Whales, dolphins or fish.
Buy : $13,459,910
Sell : $12,129,284
Large
$6,626,162 Buy
$5,588,238 Sell
Medium
$2,411,194
$2,602,746
Small
$4,422,553
$3,938,300
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.
$55,341,927
USDC
21,583,216
WETH
14,589
USDC : WETH
1:0.0004321
$8,080,054
USDC
4,303,178
WBTC
49
USDC : WBTC
1:0.00001296
$7,620,940
USDC
1,723,248
WETH
2,549
USDC : WETH
1:0.0004321