USD Coin to Tether Euro correlation
EURt and USDC are not correlated to each other. USDC is a stablecoin that is backed by the U.S. dollar and EURt is backed by the Euro in a 1:1 ratio.
Live USD Coin Price Change and Market Cap
Currently, the USDC price is 0.5921 EURT. According to the USD Coin price chart, the 24-hour change is -37.93%. The total market capitalization of USD Coin is $563419672 with 542863224.08 USDC in circulation. In the previous 24 hours, the USD Coin price hit highs of 0.5937 EURT and lows of 0.57 EURT.
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 EURt exchange margin
Considering today’s exchange rate, a transaction of 1 USDC to EURt would result in an output of 0.5921 EURT.
How to convert USD Coin to Tether Euro
USD Coin and Tether Euro comparison
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network.
Tether Euro (EURt) is a stablecoin designed to mimic the value of the Euro. It is issued by Tether, a leading provider of stablecoins in the cryptocurrency market. EURt offers users the benefits of stability and liquidity, making it a popular choice for trading and hedging against volatility.
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 Tether Euro price details
USDC to EURt Conversion Rate and Price
Currently, the conversion rate for 1 USDC equals to 0.5921 EURT. The 24-hour highest price of USD Coin in relation to EURt was 0.5937 EURT and the lowest was 0.57 EURT. In short, USDC price in relation to EURt changed by -37.93%.
Instantly Exchange USDC to EURt
On ChangeHero you can instantly exchange USD Coin to EURt without signup. You can easily convert USDC to EURt in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your USDC to EURt exchange.
USDC to EURt Best Rate Exchange
In the Best Rate exchange of USD Coin to EURt, we search through various exchanges for the USDC to Tether Euro pair and find the best rate available in the market. We provide you with an estimation of the amount of EURt 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 EURt you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to EURt.
USDC to EURt Fixed Rate Conversion
In the Fixed Rate exchange of USD Coin to Tether Euro, ChangeHero finds a good rate for the pair USDC to EURt and fixes the rate for up to 15 minutes. In the Best Rate exchange of USDC to EURt, you will receive the exact amount of EURt 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 EURt address. ChangeHero is the best place to exchange USDC to EURt fast and safely at the best rates.
Frequently asked questions
How long does it take to convert USDC to EURt?
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 EURt?
No, you do not require an account to swap USDC to EURt ChangeHero. There will be no registrations for your USD Coin to Tether Euro transaction.
Do I need to go through KYC procedures for USDC to EURt exchange?
There will be no KYC for the USDC to EURt 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 EURt to USDC?
Yes, you can instantly exchange EURt to USDC on ChangeHero.
