USDC/USDT: Convert and Swap USDC (USDC) to Tether (USDT)
1 USDC equals 1.00 Tether
Last update: 11:00 AM, May 21, 2024
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The current USDC to USDT conversion rate is 1. Inversely, this means that if you convert 1 USDT you will get 1 USDC.
The conversion rate of USDC/USDT has increased by 0.02% in the last hour and grown by 0.03% in the last 24 hours.
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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About Tether (USDT)
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
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Market
Tether (USDT)
€102.46B
€100.64B
1.00 USDC