Details about Bridged USD Coin (Wormhole Ethereum) cryptocurrency
Bridged USD Coin (Wormhole Ethereum)
USDCET
2+ (click to see list)
€24,175,800
30.852
Unknown
https://wormholenetwork.com/en/
@wormholecrypto
Bridged USD Coin (Wormhole Ethereum) price charts
USDCET exchanges
Bridged USD Coin (Wormhole Ethereum), the crypto
USD Coin (USDC) is a stablecoin pegged to the U.S. dollar which is built on the Ethereum blockchain using the Wormhole protocol. It is a digital currency that represents one U.S. dollar, and allows for fast and easy transactions with low fees.
The point
The main purpose of USD Coin (Wormhole from Ethereum) (USDCET) is to provide a stablecoin that is pegged to the U.S. dollar, allowing for faster and cheaper transactions compared to traditional banking methods. This stability is important for those who want to invest in cryptocurrencies without the risk of volatility.
The problem
One of the main problems that USD Coin (Wormhole from Ethereum) (USDCET) tries to solve is the volatility of other cryptocurrencies. USD Coin is pegged to the U.S. dollar, providing stability to investors who are hesitant to invest in cryptocurrencies due to their fluctuating values. Additionally, it offers faster and cheaper transactions than traditional banking methods, enabling easier cross-border transactions and remittances.
Compare USDCET and BTC performance
| Timeframe | USDCET | BTC |
|---|---|---|
| 1h change | 0.932218 % | -0.579702 % |
| 24h change | -0.05 % | -1.11434 % |
| 7 day change | -0.58 % | 4.67647 % |
| 14 day change | 1.87 % | -2.83858 % |
| 30 day change | 1.73 % | 1.48606 % |
| 200 day change | -0.45 % | 133.998 % |
| Year change | 3.34 % | 146.97 % |