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About SCUSD and USDC
Rings scUSD is falling, while USDC is climbing this week. The current SCUSD to USDC conversion rate is 0.9901. Inversely, this means that if you convert 1 USDC you will get 1.01 SCUSD. The conversion rate of SCUSD/USDC has decreased by 0.48% in the last hour (USDC/SCUSD increased by 0.48%). In the last 24 hours, SCUSD/USDC shrunk by 0.87%, while USDC/SCUSD grew by the same amount.
The exchange rate of Rings scUSD is decreasing. The current value of 1 SCUSD is 0.9901 USDC. In other words, to buy 5 Rings scUSD, it would cost you 4.9507 USDC. Inversely, 1 USDC would allow you to trade for 1.01 SCUSD while 50 USDC would convert to 50.50 SCUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.16%. Meanwhile, in the last 24 hours, the rate has changed by 1.07%, and that the highest exchange rate of 1 SCUSD to USDC was 1.03 USDC and the lowest 24 hour value was 1 SCUSD for 0.9177 USDC. Last month, 1 SCUSD was worth 0.9996 USDC. Today, it's down 0.95%. Looking back a year, Rings scUSD has changed by 0.9963 USDC. That means that in a single year, the value of Rings scUSD has shrank by 0.62%.
Rings scUSD Market Stats
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
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
SCUSD to USDC values from Today at 3:15 am
0.5 SCUSD = 0.4951 USDC |
1 SCUSD = 0.9901 USDC |
5 SCUSD = 4.95 USDC |
10 SCUSD = 9.90 USDC |
50 SCUSD = 49.51 USDC |
100 SCUSD = 99.01 USDC |
500 SCUSD = 495.07 USDC |
1,000 SCUSD = 990.14 USDC |
USDC to SCUSD values from Today at 2:47 am
0.5 USDC = 0.505 SCUSD |
1 USDC = 1.01 SCUSD |
5 USDC = 5.05 SCUSD |
10 USDC = 10.10 SCUSD |
50 USDC = 50.50 SCUSD |
100 USDC = 101.00 SCUSD |
500 USDC = 504.98 SCUSD |
1,000 USDC = 1,009.96 SCUSD |
SCUSD to USDC over time
SCUSD | Today | 24H -1.07% | 1M -0.95% | 1Y -0.62% |
|---|---|---|---|---|
0.5 SCUSD | 0.4951 USDC | 0.5003 USDC | 0.4998 USDC | 0.4981 USDC |
1 SCUSD | 0.9901 USDC | 1.00 USDC | 0.9996 USDC | 0.9963 USDC |
5 SCUSD | 4.95 USDC | 5.00 USDC | 5.00 USDC | 4.98 USDC |
10 SCUSD | 9.90 USDC | 10.01 USDC | 10.00 USDC | 9.96 USDC |
50 SCUSD | 49.51 USDC | 50.03 USDC | 49.98 USDC | 49.81 USDC |
100 SCUSD | 99.01 USDC | 100.07 USDC | 99.96 USDC | 99.63 USDC |
500 SCUSD | 495.07 USDC | 500.34 USDC | 499.79 USDC | 498.15 USDC |
1,000 SCUSD | 990.14 USDC | 1,000.69 USDC | 999.57 USDC | 996.30 USDC |
Frequently asked questions
Right now, 1 Rings scUSD is worth about CA$1.38.
Based on the current rate, you could get 0.723 SCUSD for 1 CAD.
Rings scUSD price has been declining. Since yesterday, the exchange rate of Rings scUSD has decreased. Since last month, the exchange rate of Rings scUSD has decreased. Since this time last year, the price of Rings scUSD has decreased.
You can use our SCUSD to CAD calculator at the top of this page to convert any amount of SCUSD to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 3.61 SCUSD. Inversely, 5 SCUSD will cost about CA$6.92
Rings scUSD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Rings scUSD.
There are a number of crypto assets that have the a similar or comparable market cap to Rings scUSD, including Parachute, BOMB, and GNY. For a more robust list of assets to explore, jump to the asset page dedicated to Rings scUSD.
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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.