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About USDC and SPUSD
USDC is falling, while SoulPeg USD is climbing this week. The current USDC to SPUSD conversion rate is 1.02. Inversely, this means that if you convert 1 SPUSD you will get 0.9844 USDC. The conversion rate of USDC/SPUSD has decreased by 1.57% in the last hour (SPUSD/USDC increased by 1.59%). In the last 24 hours, USDC/SPUSD shrunk by 0.25%, while SPUSD/USDC grew by 0.25%.
The exchange rate of USDC is increasing. The current value of 1 USDC is 1.02 SPUSD. In other words, to buy 5 USDC, it would cost you 5.08 SPUSD. Inversely, 1 SPUSD would allow you to trade for 0.9844 USDC while 50 SPUSD would convert to 49.22 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.04%. Meanwhile, in the last 24 hours, the rate has changed by 1.3%, which means that the highest exchange rate of 1 USDC to SPUSD was 1.02 SPUSD and the lowest 24 hour value was 1 USDC for 0.9927 SPUSD. Last month, 1 USDC was worth 1.01 SPUSD. Today, it's up 0.36%. Looking back a year, USDC has changed by 0.9868 SPUSD. That means that in a single year, the value of USDC has grown by 2.94%.
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.
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.
Conversion tables
USDC to SPUSD values from Today at 9:20 pm
0.5 USDC = 0.5079 SPUSD |
1 USDC = 1.02 SPUSD |
5 USDC = 5.08 SPUSD |
10 USDC = 10.16 SPUSD |
50 USDC = 50.79 SPUSD |
100 USDC = 101.58 SPUSD |
500 USDC = 507.91 SPUSD |
1,000 USDC = 1,015.83 SPUSD |
SPUSD to USDC values from Today at 9:20 pm
0.5 SPUSD = 0.4922 USDC |
1 SPUSD = 0.9844 USDC |
5 SPUSD = 4.92 USDC |
10 SPUSD = 9.84 USDC |
50 SPUSD = 49.22 USDC |
100 SPUSD = 98.44 USDC |
500 SPUSD = 492.21 USDC |
1,000 SPUSD = 984.42 USDC |
USDC to SPUSD over time
USDC | Today | 24H 1.28% | 1M 0.36% | 1Y 2.86% |
|---|---|---|---|---|
0.5 USDC | 0.5079 SPUSD | 0.5014 SPUSD | 0.5061 SPUSD | 0.4934 SPUSD |
1 USDC | 1.02 SPUSD | 1.00 SPUSD | 1.01 SPUSD | 0.9868 SPUSD |
5 USDC | 5.08 SPUSD | 5.01 SPUSD | 5.06 SPUSD | 4.93 SPUSD |
10 USDC | 10.16 SPUSD | 10.03 SPUSD | 10.12 SPUSD | 9.87 SPUSD |
50 USDC | 50.79 SPUSD | 50.14 SPUSD | 50.61 SPUSD | 49.34 SPUSD |
100 USDC | 101.58 SPUSD | 100.28 SPUSD | 101.21 SPUSD | 98.68 SPUSD |
500 USDC | 507.91 SPUSD | 501.40 SPUSD | 506.07 SPUSD | 493.40 SPUSD |
1,000 USDC | 1,015.83 SPUSD | 1,002.81 SPUSD | 1,012.14 SPUSD | 986.79 SPUSD |
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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.