Number of on-chain transactions for USDC in the last 24h.
Buying addresses : 68,427
Selling addresses : 74,716
Comparison of fund inflow vs outflow for USDC, identifying the market momentum.
Inflow : $64,176,419
Outflow : $58,158,380
Type of players driving the momentum in USDC: Whales, dolphins or fish.
Buy : $64,083,004
Sell : $58,151,083
Large
$39,877,417 Buy
$35,807,231 Sell
Medium
$10,106,905
$9,536,523
Small
$14,098,683
$12,807,329
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.
$54,199,108
USDC
19,545,861
WETH
15,930
USDC : WETH
1:0.0004595
$8,155,102
USDC
3,220,044
WBTC
70
USDC : WBTC
1:0.00001416
$7,176,095
USDC
1,434,284
WETH
2,639
USDC : WETH
1:0.0004595