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About USDC and VDOT
USDC is falling, while Voucher DOT is climbing this week. The current USDC to VDOT conversion rate is 0.5557. Inversely, this means that if you convert 1 VDOT you will get 1.80 USDC. The conversion rate of USDC/VDOT has decreased by 2.1% in the last hour (VDOT/USDC increased by 2.1%). In the last 24 hours, USDC/VDOT shrunk by 8.07%, while VDOT/USDC grew by the same amount.
The exchange rate of USDC is decreasing. The current value of 1 USDC is 0.5557 VDOT. In other words, to buy 5 USDC, it would cost you 2.7786 VDOT. Inversely, 1 VDOT would allow you to trade for 1.80 USDC while 50 VDOT would convert to 89.97 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.08%. Meanwhile, in the last 24 hours, the rate has changed by 8.6%, which means that the highest exchange rate of 1 USDC to VDOT was 0.6035 VDOT and the lowest 24 hour value was 1 USDC for 0.5541 VDOT. Last month, 1 USDC was worth 0.7947 VDOT. Today, it's down 43.01%. Looking back a year, USDC has changed by 0.1372 VDOT. That means that in a single year, the value of USDC has grown by 75.32%.
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.
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Conversion tables
USDC to VDOT values from Today at 11:20 pm
0.5 USDC = 0.2779 VDOT |
1 USDC = 0.5557 VDOT |
5 USDC = 2.78 VDOT |
10 USDC = 5.56 VDOT |
50 USDC = 27.79 VDOT |
100 USDC = 55.57 VDOT |
500 USDC = 277.86 VDOT |
1,000 USDC = 555.71 VDOT |
VDOT to USDC values from Today at 11:22 pm
0.5 VDOT = 0.8997 USDC |
1 VDOT = 1.80 USDC |
5 VDOT = 9.00 USDC |
10 VDOT = 17.99 USDC |
50 VDOT = 89.97 USDC |
100 VDOT = 179.95 USDC |
500 VDOT = 899.75 USDC |
1,000 VDOT = 1,799.50 USDC |
USDC to VDOT over time
USDC | Today | 24H -8.60% | 1M -43.01% | 1Y 75.32% |
|---|---|---|---|---|
0.5 USDC | 0.2779 VDOT | 0.3017 VDOT | 0.3974 VDOT | 0.06858 VDOT |
1 USDC | 0.5557 VDOT | 0.6035 VDOT | 0.7947 VDOT | 0.1372 VDOT |
5 USDC | 2.78 VDOT | 3.02 VDOT | 3.97 VDOT | 0.6858 VDOT |
10 USDC | 5.56 VDOT | 6.03 VDOT | 7.95 VDOT | 1.37 VDOT |
50 USDC | 27.79 VDOT | 30.17 VDOT | 39.74 VDOT | 6.86 VDOT |
100 USDC | 55.57 VDOT | 60.35 VDOT | 79.47 VDOT | 13.72 VDOT |
500 USDC | 277.86 VDOT | 301.74 VDOT | 397.35 VDOT | 68.58 VDOT |
1,000 USDC | 555.71 VDOT | 603.48 VDOT | 794.71 VDOT | 137.16 VDOT |
Frequently asked questions
Right now, 1 USDC is worth about ₹95.91.
Based on the current rate, you could get 0.01043 USDC for 1 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 0.05213 USDC. Inversely, 5 USDC will cost about ₹479.53
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.
Buy USDC with Coinbase
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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.