The Block • May 05, 24
Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI
Flash loans using DAI appear to have pushed Ethereum stablecoin volumes to their highest monthly levels seen yet.
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DAI/USDC: Convert and Swap Dai (DAI) to USDC (USDC)
1 Dai equals 1.00 USDC
Last update: 6:29 PM, May 9, 2024
Refresh
The current DAI to USDC conversion rate is 1. Inversely, this means that if you convert 1 USDC you will get 1 DAI.
The conversion rate of DAI/USDC has decreased by 0.01% in the last hour and grown by 0% in the last 24 hours.
Overview
About Dai (DAI)
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Resources
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).
Resources
Market
Dai (DAI)
Market cap
£4.27B
Volume (24h)
£500.77M
Price
1.00 USDC
High (24H)
1.00 USDC
Low (24H)
0.99 USDC
USDC (USDC)
Market cap
£26.39B
Volume (24h)
£4.23B
Price
1.00 DAI
High (24H)
1.01 DAI
Low (24H)
1.00 DAI
Conversion tables
DAI to USDC
Amount (DAI) | Amount (USDC) |
|---|---|
0.5 DAI | 0.50 USDC |
1 DAI | 1.00 USDC |
5 DAI | 5.00 USDC |
10 DAI | 10.00 USDC |
50 DAI | 49.99 USDC |
100 DAI | 99.98 USDC |
500 DAI | 499.89 USDC |
1,000 DAI | 999.78 USDC |
USDC to DAI
Amount (USDC) | Amount (DAI) |
|---|---|
0.5 USDC | 0.50 DAI |
1 USDC | 1.00 DAI |
5 USDC | 5.00 DAI |
10 USDC | 10.00 DAI |
50 USDC | 50.01 DAI |
100 USDC | 100.02 DAI |
500 USDC | 500.11 DAI |
1,000 USDC | 1,000.22 DAI |
Last update: May 9, 2024 at 6:29 PM |
DAI to USDC history
24 hours ago | Change (24h) | 1 week ago | Change (1W) | 1 month ago | Change (1M) | 1 year ago | Change (1Y) |
|---|---|---|---|---|---|---|---|
1.00 USDC | -0.01% | 1.00 USDC | -0.01% | 1.00 USDC | -0.00% | 1.00 USDC | -0.01% |
Last update: May 9, 2024 at 6:29 PM |
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1 INDEX equals 1.06 USDT
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Trending Asset
A selection of trending cryptocurrencies by market cap.
Bitcoin
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£49,607.07
-0.86%
Ethereum
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£2,405.05
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Tether
USDT
£0.80
-0.01%
Solana
SOL
£117.56
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USDC
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£0.80
+0.00%
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XRP
£0.41
-2.02%
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DOGE
£0.12
-0.53%
Cardano
ADA
£0.37
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The Block • Apr 23, 24
CoinFund and Distributed Global lead $5.5 million seed round for decentralized AI firm Prime Intellect
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BeInCrypto • Apr 02, 24
Ethena Protocol’s USDe Gains MakerDAO’s Vote of Confidence With $600 Million Stake
MakerDAO contemplates a significant DAI allocation to the growing USDe synthetic dollar stablecoin.The post Ethena Protocol’s USDe Gains MakerDAO’s Vote of Confidence With $600 Million Stake appeared first on BeInCrypto.
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CoinDesk • May 02, 24
Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
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Messari • May 02, 24
State of Celo Q1 2024
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Blockworks • Apr 11, 24
Circle debuts way to trade BlackRock tokenized fund shares for USDC
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