Live USDC (USDC) Price in AUD | Live USDC to AUD Chart, News & Converter

USDC Price and Market Performance

USD Coin (USDC) is one of the world’s most trusted stablecoins, pegged 1:1 to the US dollar. It is currently ranked #7 by market capitalisation. USDC has a circulating supply of 62,845,465,130 USDC and a total supply of 62,848,610,448 USDC.

USDC typically trades very close to 1 USD. At the moment, the live USDC price in AUD is $ 1.53, with a 24-hour trading volume of $ 14,392,026,898, showing consistent demand and liquidity. In the past day, the price has decreased by 0.00%, reflecting fluctuations in AUD/USD rates rather than crypto volatility.

USDC reached an all-time high of $ 1.79 on May 8, 2019, though price movements are typically minor due to its stable nature. 2256 days have passed since that peak.

What Is USD Coin (USDC)?

USD Coin (USDC) is a fully-backed stablecoin created by Circle and issued in collaboration with Coinbase under the Centre Consortium. Each USDC token is backed 1:1 by cash and short-term U.S. government bonds held in regulated financial institutions.

USDC is used across major blockchains and platforms to provide a reliable and transparent digital dollar.

How USDC Works

USDC is issued by Circle and fully collateralised with audited reserves. When a user deposits fiat USD to mint USDC, that equivalent value is held in reserve. Redeeming USDC burns the tokens and returns the corresponding amount of fiat.

Unlike algorithmic stablecoins, USDC is centralised and backed by real-world assets, with monthly attestations from accounting firms.

Key Features

– Pegged 1:1 to the US dollar
– Backed by cash and short-term Treasuries
– Issued by Circle and governed by the Centre Consortium
– Available on Ethereum, Solana, Avalanche, and more
– Fully transparent with monthly audits

Use Cases

– Stable trading pair across crypto exchanges
– Cross-border payments and remittances
– Earning interest via DeFi platforms
– Hedge against crypto market volatility
– On/off ramps for Web3 and blockchain apps

USDC Tokenomics

– Ticker: USDC
– Peg: 1 USDC ≈ 1 USD
– Circulating Supply: 62,845,465,130 USDC
– Total Supply: 62,848,610,448 USDC
– Chains: Ethereum (ERC-20), Solana, Polygon, Avalanche, Arbitrum, and more
– Issuer: Circle (regulated US-based company)

USDC’s Pros and Cons

Pros:
– Highly transparent and regularly audited
– Widely accepted across exchanges and blockchains
– Low volatility and strong reserve backing
– Institutional-grade trust and regulatory compliance

Cons:
– Centralised and reliant on a single issuing entity
– Susceptible to regulatory changes in the U.S.
– Requires trust in Circle’s reserve management
– Not censorship-resistant like decentralised assets

Future Outlook

USDC is considered one of the most secure and compliant stablecoins in the industry. As digital dollar demand grows in both DeFi and traditional finance, USDC is likely to remain a key player — particularly for traders, institutions, and developers seeking a reliable on-chain stable asset.

Whether you’re checking the USDC price in AUD, viewing live charts, or moving funds between platforms, USD Coin is a stable and essential building block of the crypto economy.