USDC to XTZ conversion chart
USD Coin to Tezos correlation
XTZ and USDC are not correlated to each other as XTZ’s value depends on the supply and demand. Whereas, USDC is a stable coin which is backed by traditional fiats like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, XTZ and USDC do not share a strong relationship.
Live USD Coin Price Change and Market Cap
Currently, the USDC price is 0.9428 XTZ. According to the USD Coin price chart, the 24-hour change is -0.50%. The total market capitalization of USD Coin is $7239 with 7528.1 USDC in circulation. In the previous 24 hours, the USD Coin price hit highs of 1.024 XTZ and lows of 0.8703 XTZ.
USD Coin Price Prediction
Unlike most other cryptocurrencies, USD Coin’s value is not influenced by the market supply and demand but regulated through a reserve. USD Coin is a stable coin which is backed by the US Dollar. The peg is in the ratio of 1:1 which keeps the USD Coin price at $1 all the time. USD Coin price will remain unchanged even in the long run as there is little to no impact of the market conditions on USDC.
USDC to XTZ exchange margin
The closing conversion rate for USDC to XTZ yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDC to XTZ would result in an output of 0.9428 XTZ.
How to convert USD Coin to Tezos
USD Coin and Tezos comparison
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network. USD coin is backed by the US Dollar to maintain the price of the token at $1. Monthly audits of the collateral are published to ensure transparency.
Tezos is a decentralized blockchain featuring smart contracts and decentralized applications. Tez is the platform’s native crypto and issued through Baking. Baking is the process of signing and adding blocks to the chain.
What is USD Coin?
Though Bitcoin is the most valuable cryptocurrency, its volatility poses a barrier for the enthusiasts to enter the crypto market. Stablecoins fix this issue by offering cryptocurrencies that are not volatile and hold consistent value. USD Coin is one such cryptocurrency that is backed by the US Dollar. The peg is at the ratio of 1:1 and the value of 1 USDC will always remain the same which is $1 per USDC coin.
USDC was issued on the Ethereum network by Circle and Coinbase. Monthly reports on the reserves are published to keep the project transparent and trust-worthy. USDC is mostly used by the users to either enter or exit the cryptocurrency market without any volatility. USDC can also be traded similar to other cryptocurrencies and it also powers cheaper transactions across borders.
USD Coin to Tezos price details
USDC to XTZ Conversion Rate and Price
Currently, the conversion rate for 1 USDC equals to 0.9428 XTZ. The 24-hour highest price of USD Coin in relation to XTZ was 1.024 XTZ and the lowest was 0.8703 XTZ. In short, USDC price in relation to XTZ changed by -0.50%.
Instantly Exchange USDC to XTZ
On ChangeHero you can instantly exchange USD Coin to Tezos without signup. You can easily convert USDC to XTZ in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDC to XTZ exchange.
USDC to XTZ Best Rate Exchange
In the the Best Rate exchange of USD Coin to Tezos, we search through various exchanges for the USDC to XTZ pair and find the best rate available in the market. We provide you with an estimation of the amount of XTZ you will receive.
As soon as you accept the terms and the USDC is deposited, the exchange will be automatically processed. We remind you that the final amount of XTZ you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to XTZ.
USDC to XTZ Fixed Rate Conversion
In the the Fixed Rate exchange of USD Coin to Tezos, ChangeHero finds a good rate for the pair USDC to XTZ and fix the rate for up to 15 minutes. In the Best Rate exchange of USDC to XTZ, you will receive the exact amount of XTZ which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified XTZ address. ChangeHero is the best place to exchange USDC to XTZ fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDC to XTZ?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange USDC to XTZ?
No, you do not require an account to swap USDC to XTZ on ChangeHero. There will be no registrations for your USD Coin to Tezos transaction.
Do I need to go through KYC procedures for USDC to XTZ exchange?
There will be no KYC for the USDC to XTZ exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange XTZ to USDC?
Yes, you can instantly exchange XTZ to USDC on ChangeHero.
