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About USDC and VDOT
USDC is climbing, while Voucher DOT is falling this week. The current USDC to VDOT conversion rate is 0.7164. Inversely, this means that if you convert 1 VDOT you will get 1.40 USDC. The conversion rate of USDC/VDOT has increased by 0.45% in the last hour (VDOT/USDC decreased by 0.45%). In the last 24 hours, USDC/VDOT grew by 1.58%, while VDOT/USDC shrunk by the same amount.
The exchange rate of USDC is increasing. The current value of 1 USDC is 0.7164 VDOT. In other words, to buy 5 USDC, it would cost you 3.582 VDOT. Inversely, 1 VDOT would allow you to trade for 1.40 USDC while 50 VDOT would convert to 69.79 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.14%. Meanwhile, in the last 24 hours, the rate has changed by 1.59%, which means that the highest exchange rate of 1 USDC to VDOT was 0.7256 VDOT and the lowest 24 hour value was 1 USDC for 0.7025 VDOT. Last month, 1 USDC was worth 0.6053 VDOT. Today, it's up 15.51%. Looking back a year, USDC has changed by 0.1575 VDOT. That means that in a single year, the value of USDC has grown by 78.02%.
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.
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Conversion tables
USDC to VDOT values from Today at 10:45 pm
0.5 USDC = 0.3582 VDOT |
1 USDC = 0.7164 VDOT |
5 USDC = 3.58 VDOT |
10 USDC = 7.16 VDOT |
50 USDC = 35.82 VDOT |
100 USDC = 71.64 VDOT |
500 USDC = 358.20 VDOT |
1,000 USDC = 716.39 VDOT |
VDOT to USDC values from Today at 10:44 pm
0.5 VDOT = 0.6979 USDC |
1 VDOT = 1.40 USDC |
5 VDOT = 6.98 USDC |
10 VDOT = 13.96 USDC |
50 VDOT = 69.79 USDC |
100 VDOT = 139.59 USDC |
500 VDOT = 697.94 USDC |
1,000 VDOT = 1,395.89 USDC |
USDC to VDOT over time
USDC | Today | 24H 1.59% | 1M 15.51% | 1Y 78.02% |
|---|---|---|---|---|
0.5 USDC | 0.3582 VDOT | 0.3525 VDOT | 0.3026 VDOT | 0.07873 VDOT |
1 USDC | 0.7164 VDOT | 0.705 VDOT | 0.6053 VDOT | 0.1575 VDOT |
5 USDC | 3.58 VDOT | 3.52 VDOT | 3.03 VDOT | 0.7873 VDOT |
10 USDC | 7.16 VDOT | 7.05 VDOT | 6.05 VDOT | 1.57 VDOT |
50 USDC | 35.82 VDOT | 35.25 VDOT | 30.26 VDOT | 7.87 VDOT |
100 USDC | 71.64 VDOT | 70.50 VDOT | 60.53 VDOT | 15.75 VDOT |
500 USDC | 358.20 VDOT | 352.48 VDOT | 302.63 VDOT | 78.73 VDOT |
1,000 USDC | 716.39 VDOT | 704.97 VDOT | 605.26 VDOT | 157.46 VDOT |
Frequently asked questions
Right now, 1 USDC is worth about $1.00.
Based on the current rate, you could get 1.00 USDC for 1 USD.
You can use our USDC to USD calculator at the top of this page to convert any amount of USDC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 USDC. Inversely, 5 USDC will cost about $5.00
USDC is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy USDC.
Buy USDC with Coinbase
Create a Coinbase account to buy and sell USDC on the most secure crypto exchange.
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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.