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About SPUSD and USDC
SoulPeg USD is climbing, while USDC is falling this week. The current SPUSD to USDC conversion rate is 1.00. Inversely, this means that if you convert 1 USDC you will get 0.9987 SPUSD. The conversion rate of SPUSD/USDC has increased by 0.01% in the last hour (USDC/SPUSD decreased by 0.01%). In the last 24 hours, SPUSD/USDC grew by 0.03%, while USDC/SPUSD shrunk by the same amount.
The exchange rate of SoulPeg USD is increasing. The current value of 1 SPUSD is 1.00 USDC. In other words, to buy 5 SoulPeg USD, it would cost you 5.01 USDC. Inversely, 1 USDC would allow you to trade for 0.9987 SPUSD while 50 USDC would convert to 49.93 SPUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, which means that the highest exchange rate of 1 SPUSD to USDC was 1.00 USDC and the lowest 24 hour value was 1 SPUSD for 1.00 USDC. Last month, 1 SPUSD was worth 1.00 USDC. Today, it's up 0.08%. Looking back a year, SoulPeg USD has changed by 0.00 USDC. That means that in a single year, the value of SoulPeg USD has grown by 100%.
SoulPeg USD Market Stats
SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Conversion tables
SPUSD to USDC values from Today at 5:09 pm
0.5 SPUSD = 0.5007 USDC |
1 SPUSD = 1.00 USDC |
5 SPUSD = 5.01 USDC |
10 SPUSD = 10.01 USDC |
50 SPUSD = 50.07 USDC |
100 SPUSD = 100.13 USDC |
500 SPUSD = 500.66 USDC |
1,000 SPUSD = 1,001.32 USDC |
USDC to SPUSD values from Today at 5:10 pm
0.5 USDC = 0.4993 SPUSD |
1 USDC = 0.9987 SPUSD |
5 USDC = 4.99 SPUSD |
10 USDC = 9.99 SPUSD |
50 USDC = 49.93 SPUSD |
100 USDC = 99.87 SPUSD |
500 USDC = 499.34 SPUSD |
1,000 USDC = 998.68 SPUSD |
SPUSD to USDC over time
SPUSD | Today | 24H 0.03% | 1M 0.08% | 1Y 100.00% |
|---|---|---|---|---|
0.5 SPUSD | 0.5007 USDC | 0.5005 USDC | 0.5003 USDC | 0.00 USDC |
1 SPUSD | 1.00 USDC | 1.00 USDC | 1.00 USDC | 0.00 USDC |
5 SPUSD | 5.01 USDC | 5.01 USDC | 5.00 USDC | 0.00 USDC |
10 SPUSD | 10.01 USDC | 10.01 USDC | 10.01 USDC | 0.00 USDC |
50 SPUSD | 50.07 USDC | 50.05 USDC | 50.03 USDC | 0.00 USDC |
100 SPUSD | 100.13 USDC | 100.11 USDC | 100.06 USDC | 0.00 USDC |
500 SPUSD | 500.66 USDC | 500.53 USDC | 500.28 USDC | 0.00 USDC |
1,000 SPUSD | 1,001.32 USDC | 1,001.06 USDC | 1,000.56 USDC | 0.00 USDC |
Frequently asked questions
Right now, 1 SoulPeg USD is worth about $1.00.
Based on the current rate, you could get 0.9987 SPUSD for 1 USD.
SoulPeg USD price has been on the rise. Since yesterday, the exchange rate of SoulPeg USD has increased. Since last month, the exchange rate of SoulPeg USD has increased. Since this time last year, the price of SoulPeg USD has increased.
You can use our SPUSD to USD calculator at the top of this page to convert any amount of SPUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.99 SPUSD. Inversely, 5 SPUSD will cost about $5.01
SoulPeg USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SoulPeg USD.
There are a number of crypto assets that have the a similar or comparable market cap to SoulPeg USD, including Essentia, Cardstack, and HOPE. For a more robust list of assets to explore, jump to the asset page dedicated to SoulPeg USD.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.