USDC to VTHO conversion chart
USDC to VeThor Token correlation
VTHO and USDC are not correlated to each other as VTHO’s value depends on supply and demand. Whereas, USDC is a stablecoin that is backed by traditional fiat like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, VTHO and USDC do not share a strong relationship.
Live USD Coin Price Change and Market Cap
Currently, the USDC price is 616.65 VTHO. According to the USD Coin price chart, the 24-hour change is 2.50%. The total market capitalization of USD Coin is $42376 with 43416.4 USDC in circulation. In the previous 24 hours, the USD Coin price hit highs of 636.39 VTHO and lows of 615.83 VTHO.
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 VTHO exchange margin
Considering today’s exchange rate, a transaction of 1 USDC to VTHO would result in an output of 616.65 VTHO.
How to convert USDC to VeThor Token
USDC and VeThor Token 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.
VTHO, short for VeThor Token, serves as the utility cryptocurrency on the VeChainThor blockchain. VeChain, a blockchain platform designed for supply chain management and business processes, utilizes VTHO as a means of facilitating transactions and powering decentralized applications (dApps) on its network. VTHO acts as the fuel for the VeChain ecosystem, enabling users to pay for transaction fees and access various services within the platform. Additionally, VTHO plays a crucial role in maintaining the stability and sustainability of the VeChainThor blockchain, ensuring efficient and secure operations for businesses and individuals utilizing the VeChain platform.
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.
USDC to VeThor Token price details
USDC to VTHO Conversion Rate and Price
Currently, the conversion rate for 1 USDC equals to 616.65 VTHO. The 24-hour highest price of USDC in relation to VTHO was 636.39 VTHO and the lowest was 615.83 VTHO. In short, USDC price in relation to VTHO changed by 2.50%.
Instantly Exchange USDC to VTHO
On ChangeHero you can instantly exchange USDC to VeThor Token without signup. You can easily convert USDC to VTHO in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDC to VTHO exchange.
USDC to VTHO Best Rate Exchange
For the Best Rate exchange of USDC to VeThor Token, we search through various exchanges for the USDC to VTHO pair and find the best rate available in the market. We provide you with an estimation of the amount of VTHO 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 VTHO you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to VTHO.
USDC to VTHO Fixed Rate Conversion
For the Fixed Rate exchange of USDC to VeThor Token, ChangeHero finds a good rate for the pair USDC to VTHO and fixes the rate for up to 15 minutes. In the Fixed Rate exchange of USDC to VTHO, you will receive the exact amount of VTHO 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 mentioned VTHO address. ChangeHero is the best place to exchange USDC to VTHO fast and safely at the best rates.
Frequently asked questions
How long does it take to convert USDC to VTHO?
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 VTHO?
No, you do not require an account to swap USDC to VTHO on ChangeHero. There will be no registrations for your USDC to VeThor Token transaction.
Do I need to go through KYC procedures for USDC to VTHO exchange?
There will be no KYC for the USDC to VTHO 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 VTHO to USDC?
Yes, you can instantly exchange VTHO to USDC on ChangeHero.