USDC to USD

Using the USDC to USD price tracker

USDC to USD volatility may be very rare, and to a small degree (usually less than 1%), but is nonetheless important to check it when making large crypto investments. Being one of the most popular stablecoins, USDC is pegged to the value of the US dollar. It was launched by a collaborative effort between Circle and Coinbase and enables users to store their value in a non-volatile asset, unlike Bitcoin and Ethereum. However, even stablecoins lose their peg temporarily in periods of high market fluctuation. This temporary phenomenon is usually balanced out within a short period of time, but can often have a negative impact on high-frequency traders. Therefore, it is important to always check the USDC/USD value before making such transactions. Here’s how you can use the tool:

• Enter the amount of USDC in the left input field or the amount of USD in the right input field.

• The tracker will display the corresponding USDC USD value without the need to press any buttons.

• After checking current estimates, you can click on the “Buy now” button. This will redirect you to a new page where you can acquire USDC.

• Additionally, after checking the USD Coin to USD price, you might want to use the tool for other cryptocurrencies as well. In this case, select the coin of preference from the drop-down menu.

Why you should track USD Coin to USD fluctuations

Apart from avoiding a potentially lower peg value, there are several advantages of using this page or the USDC calculator. You can check the equivalence of USDC to dollar on Paybis in order to:

• Prepare for upcoming transactions on the platform, as for example when you plan to purchase USDC for future trading.

• Stay up to date with minor fluctuations in the USDC price using any device, including smartphones and tablets.

• Check the USD Coin to US dollar value by simply visiting this page from the browser of your favorite device. Check the value of USDC in your native currency, but also compare it with many other currencies from the drop-down menu.

The importance of stablecoins for investors

The concept of stablecoins has caused governmental attention, triggering regulations to ensure their proper usage. Stablecoins are backed by their equivalent in US dollars, which guarantees their price value in case of market volatility. Any pricing fluctuation in the USDC to USD price is only a temporary misalignment and quickly returns to its baseline. This helps investors in many ways:

• By exchanging their cryptocurrencies for stablecoins, investors avoid a potential drop in the value of their coins but also miss out on upward market swings. The value of your portfolio, however, remains stable in its dollar value (USD Coin to USD is of equal value).

• Due to unclear and often-changing regulatory frameworks, some investors prefer to hold realized gains into stablecoins without cashing out. For some countries, this strategy offsets potential taxation that would come by selling your crypto directly into fiat currencies. To see if this applies in your case, make sure you research the regulations of your location.

If you have checked the value of USD Coin to dollar and are ready to make a purchase, make sure you click on “Buy now” and Paybis will help you buy USDC instantly.