Details about Bridged USD Coin (Wrapped) cryptocurrency
€84,672
1
Unknown
https://www.circle.com/en/usdc
Bridged USD Coin (Wrapped) price charts
WUSDC exchanges
Bridged USD Coin (Wrapped), the crypto
Wrapped USDC (XUSD) is a cryptocurrency that represents a tokenized version of USDC. XUSD can be used for decentralized finance (DeFi) applications and can be traded on various cryptocurrency exchanges.
The point
The main point of Wrapped USDC (XUSD) is to enable the use of USDC in the DeFi ecosystem, which means it can be used to lend, borrow, and trade on decentralized exchanges (DEXs). It enables liquidity for USDC without relying on centralized services and allows users to access the benefits of DeFi.
The problem
Wrapped USDC (XUSD) tries to solve the problem of centralization in the current financial system by enabling the use of USDC in the decentralized finance ecosystem. It provides an alternative to traditional financial institutions and allows for greater transparency and accessibility in financial services.
Compare XUSD and BTC performance
| Timeframe | XUSD | BTC |
|---|---|---|
| 1h change | -1.00893 % | 0.264258 % |
| 24h change | 0.61 % | -1.05012 % |
| 7 day change | -4.89 % | 2.38802 % |
| 14 day change | -0.46 % | -6.32352 % |
| 30 day change | -0.24 % | -9.2388 % |
| 200 day change | -1.55 % | 107.64 % |
| Year change | 2.74 % | 123.954 % |