USDC/INR: Convert USDC (USDC) to Indian Rupee (INR)
1 USDC equals ₹83.62 Indian Rupee
Last update: 12:29 AM, June 21, 2024
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Overview
About USDC (USDC)
USDC is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. The launch of USDC was powered by a collaboration between Coinbase and Circle through the co-founding of the CENTRE Consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. Note: Coinbase only supports USDC running on Ethereum (ERC-20).
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How USDC (USDC) and Indian Rupee (INR) differ
USDC and the Indian Rupee (INR) are both forms of currency, but they operate in fundamentally different ways. USDC, or USD Coin, is a type of cryptocurrency known as a stablecoin, which aims to maintain a 1:1 value ratio with the U.S. dollar. This is achieved by holding an equivalent amount of dollars in reserve for each USDC in circulation, a process overseen by regulated financial institutions. USDC operates on the Ethereum blockchain as an ERC-20 token, allowing it to integrate with Ethereum-based applications. This digital currency seeks to provide a stable asset for crypto traders during volatile periods and aims to be accepted by a wide range of wallets, exchanges, service providers, and decentralized applications. On the other hand, the Indian Rupee (INR) is a traditional fiat currency issued by the Reserve Bank of India. Unlike USDC, its value is not pegged to another currency and it is subject to fluctuations based on economic factors such as inflation, interest rates, and trade balances. The INR is used for all types of transactions within India, from buying groceries to paying taxes, and is not limited to digital platforms or applications.
USDC Markets
USDC is falling this week.
The current price of USDC is ₹83.62 per USDC. With a circulating supply of 32,656,124,797.679 USDC, it means that USDC has a total market cap of ₹2,730,434,407,750.78. The amount of USDC traded has risen by ₹77,887,993,550.81 in the last 24 hours, which is a 17.88% increase. Additionally, in the last day, ₹435,683,986,384.05 worth of USDC has been traded.
€2.7T
€435.7B
32.7B USDC
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FAQ
How much is 1 USDC in INR?
Right now, 1 USDC is worth about ₹83.62.
How much USDC could I buy for 1 INR?
Based on the current rate, you could get 0.012 USDC for 1 INR.
How do I calculate or convert USDC to INR?
You can use our USDC to INR calculator at the top of this page to convert any amount of USDC to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.0598 USDC. Inversely, 5 USDC will cost about 418.0862 INR.
How can I buy 1 USDC on Coinbase?
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.
Conversion tables
The exchange rate of USDC is increasing.
The current value of 1 USDC is ₹83.62 INR. In other words, to buy 5 USDC, it would cost you ₹418.09 INR. Inversely, ₹1.00 INR would allow you to trade for 0.0120 USDC while ₹50.00 INR would convert to 0.5980 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, and that the the highest exchange rate of 1 USDC to Indian Rupee was 1 INR and the lowest 24 hour value was 1 USDC for 1 INR. This time last month, the value of 1 USDC was ₹83.62 INR, which is a 0% decrease from where it is now. Looking back a year, USDC has changed by ₹0.00 INR.
USDC to INR
Amount | Today at 12:29 am |
---|---|
0.5 USDC | ₹41.81 |
1 USDC | ₹83.62 |
5 USDC | ₹418.09 |
10 USDC | ₹836.17 |
50 USDC | ₹4,180.86 |
100 USDC | ₹8,361.72 |
500 USDC | ₹41,808.62 |
1,000 USDC | ₹83,617.25 |
INR to USDC
Amount | Today at 12:29 am |
---|---|
0.5 INR | 0.0060 USDC |
1 INR | 0.0120 USDC |
5 INR | 0.0598 USDC |
10 INR | 0.12 USDC |
50 INR | 0.60 USDC |
100 INR | 1.20 USDC |
500 INR | 5.98 USDC |
1,000 INR | 11.96 USDC |
Today vs. 24 hours ago
Amount | Today at 12:29 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 USDC | ₹41.81 | ₹41.81 | 0.00% |
1 USDC | ₹83.62 | ₹83.62 | 0.00% |
5 USDC | ₹418.09 | ₹418.09 | 0.00% |
10 USDC | ₹836.17 | ₹836.17 | 0.00% |
50 USDC | ₹4,180.86 | ₹4,180.86 | 0.00% |
100 USDC | ₹8,361.72 | ₹8,361.72 | 0.00% |
500 USDC | ₹41,808.62 | ₹41,808.62 | 0.00% |
1,000 USDC | ₹83,617.25 | ₹83,617.25 | 0.00% |
Today vs. 1 month ago
Amount | Today at 12:29 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 USDC | ₹41.81 | ₹41.81 | 0.00% |
1 USDC | ₹83.62 | ₹83.62 | 0.00% |
5 USDC | ₹418.09 | ₹418.09 | 0.00% |
10 USDC | ₹836.17 | ₹836.17 | 0.00% |
50 USDC | ₹4,180.86 | ₹4,180.86 | 0.00% |
100 USDC | ₹8,361.72 | ₹8,361.72 | 0.00% |
500 USDC | ₹41,808.62 | ₹41,808.62 | 0.00% |
1,000 USDC | ₹83,617.25 | ₹83,617.25 | 0.00% |
Today vs. 1 year ago
Amount | Today at 12:29 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 USDC | ₹41.81 | ₹41.81 | 0.00% |
1 USDC | ₹83.62 | ₹83.62 | 0.00% |
5 USDC | ₹418.09 | ₹418.09 | 0.00% |
10 USDC | ₹836.17 | ₹836.17 | 0.00% |
50 USDC | ₹4,180.86 | ₹4,180.86 | 0.00% |
100 USDC | ₹8,361.72 | ₹8,361.72 | 0.00% |
500 USDC | ₹41,808.62 | ₹41,808.62 | 0.00% |
1,000 USDC | ₹83,617.25 | ₹83,617.25 | 0.00% |
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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.