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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SB and USDC
Snowbank is falling, while USDC is climbing this week. The current SB to USDC conversion rate is 224.46. Inversely, this means that if you convert 1 USDC you will get 0.004455 SB. The conversion rate of SB/USDC has increased by 0.06% in the last hour (USDC/SB decreased by 0.06%). In the last 24 hours, SB/USDC shrunk by 4.55%, while USDC/SB grew by 4.77%.
The exchange rate of Snowbank is decreasing. The current value of 1 SB is 224.46 USDC. In other words, to buy 5 Snowbank, it would cost you 1,122.29 USDC. Inversely, 1 USDC would allow you to trade for 0.004455 SB while 50 USDC would convert to 0.2228 SB, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.75%. Meanwhile, in the last 24 hours, the rate has changed by 5.63%, which means that the highest exchange rate of 1 SB to USDC was 238.52 USDC and the lowest 24 hour value was 1 SB for 223.19 USDC. Last month, 1 SB was worth 225.06 USDC. Today, it's down 0.27%. Looking back a year, Snowbank has changed by 36.09 USDC. That means that in a single year, the value of Snowbank has grown by 521.92%.
Snowbank Market Stats
Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below. Snowbank DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.
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
SB to USDC values from Today at 8:57 pm
0.5 SB = 112.23 USDC |
1 SB = 224.46 USDC |
5 SB = 1,122.29 USDC |
10 SB = 2,244.57 USDC |
50 SB = 11,222.86 USDC |
100 SB = 22,445.73 USDC |
500 SB = 112,228.63 USDC |
1,000 SB = 224,457.26 USDC |
USDC to SB values from Today at 8:58 pm
0.5 USDC = 0.002228 SB |
1 USDC = 0.004455 SB |
5 USDC = 0.02228 SB |
10 USDC = 0.04455 SB |
50 USDC = 0.2228 SB |
100 USDC = 0.4455 SB |
500 USDC = 2.23 SB |
1,000 USDC = 4.46 SB |
SB to USDC over time
SB | Today | 24H -5.97% | 1M -0.27% | 1Y 83.92% |
|---|---|---|---|---|
0.5 SB | 112.23 USDC | 118.92 USDC | 112.53 USDC | 18.05 USDC |
1 SB | 224.46 USDC | 237.85 USDC | 225.06 USDC | 36.09 USDC |
5 SB | 1,122.29 USDC | 1,189.24 USDC | 1,125.31 USDC | 180.45 USDC |
10 SB | 2,244.57 USDC | 2,378.48 USDC | 2,250.63 USDC | 360.91 USDC |
50 SB | 11,222.86 USDC | 11,892.38 USDC | 11,253.14 USDC | 1,804.54 USDC |
100 SB | 22,445.73 USDC | 23,784.77 USDC | 22,506.28 USDC | 3,609.08 USDC |
500 SB | 112,228.63 USDC | 118,923.84 USDC | 112,531.40 USDC | 18,045.38 USDC |
1,000 SB | 224,457.26 USDC | 237,847.68 USDC | 225,062.79 USDC | 36,090.75 USDC |
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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.