The current real-time price of USDBC is $0.9992. In the past 24 hours, USDBC has traded between $0.9975 and $1.003, showing strong market activity. The all-time high of USDBC is $1.64, and the all-time low is $0.0008.
From a short-term perspective, the price change of USDBC over the past 1 hour is , over the past 24 hours is +0.06%, and over the past 7 days is -0.07%. These figures provide a quick overview of the latest price trends and market dynamics of USDBC on LBank.+0.08%
The live price of USDBC today is $0.9992, with a current market cap of $7.656M. The 24-hour trading volume is 5M. The price of USDBC to USD is updated in real time.
Before deciding whether to buy or sell USDBC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s USDBC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for USDBC.
How much will USDBC be worth tomorrow, next week, or next month in ? What about your USDBC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! USDBC Price Prediction
To learn more about USDBC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0x0a1d...281d54  | 252.747K | 3.3% |
base | 0x58ee...0bb974 | 249.819K | 3.26% |
base | 0x52e2...636d7d | 230.400K | 3.01% |
base | 0x0e63...136019 | 202.613K | 2.64% |
base | 0x9c4e...ff58bf | 201.936K | 2.64% |
Other | 6.524M | 85.15% |
USDbC, or USD Base Coin, is a version of USDC that has been transferred from the Ethereum network to the Base Layer-2 network. This "bridged" stablecoin was initially introduced to provide a stable value solution for the Base ecosystem when its mainnet launched, allowing users to access stablecoin functionality on the new network.
USDbC is a bridged version of USDC, relying on a mechanism where original USDC is locked on Ethereum, and an equivalent USDbC amount is minted on Base. Native USDC is officially issued directly on the Base network by its centralized issuer. While both aim for a 1:1 peg to the US dollar, USDbC cannot be directly redeemed for US dollars through the official issuer or transferred using its native cross-chain protocol, unlike native USDC. The Base Bridge now issues native USDC for transfers from Ethereum.
The bridging process for USDbC involves locking the original USDC in a smart contract on the Ethereum network. After this locking occurs, an equivalent amount of USDbC is minted on the Base network. This mechanism ensures a 1:1 relationship between the newly created USDbC on Base and the underlying USDC collateral held on Ethereum. This process facilitates the use of USDC's stable value across different blockchain ecosystems.
While both USDbC and native USDC aim for a 1:1 peg to the US dollar, they are not entirely equivalent. On certain trading platforms, USDbC might appear as general USDC in your balance. However, outside of these platforms, it's typically identified as USDbC to signify its presence on the Base network. Importantly, bridged tokens inherently carry additional risks, such as potential vulnerabilities in the bridging mechanism's security or smart contracts, compared to native versions issued directly on the network.
As a bridged token, USDbC's security is intrinsically linked to the underlying bridge protocol. Key risks include potential vulnerabilities within the smart contracts governing the bridge, possibilities of bridge failures, or network downtime, all of which could impact accessibility or the ability to redeem tokens. Unlike native versions directly backed by reserves managed by their official issuer, USDbC's value relies on the collateral provided to the bridging protocol, usually native USDC locked on the original blockchain.
USDbC played a vital role in providing stablecoin functionality on the Base network before the introduction of native USDC. However, its relevance and usage are observed to be declining. This trend is largely attributed to the increasing availability and enhanced efficiency of native USDC, which is now directly issued on Base and other various blockchains, offering a more direct and potentially less risky stablecoin option.
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