USD Coin (Moonriver)

USDC

USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

Risk Rating
Watch Out
$1.00
0.59%
What is USD Coin (Moonriver)?

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Information
Blockchain
  • Moonriver
Info
Key Metrics
  • Volume (24H): $24.2K
  • ATH: $1.83 (10/29/2024)
  • ATL: $0.00 (09/18/2024)
Risk Assessment
Watch Out
Asset Strength

USDC.multi is a large-cap undercollateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Multichain, a protocol rated as Watch out.

USDC.multi is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.

Dependencies

Multichain

Asset Tokenomics

USDC.multi has an uncapped supply but has inflation control or burn mechanisms in place.

Things to know about USDC.multi

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