Convert and Swap USDC USDC to Chilean Peso CLP
USDC/CLP: 1 USDC equals CLP 989.47 CLP
Last update: 3:49 AM, December 23, 2024
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USDC is falling this week.
The current price of USDC is CLP 989.47 per USDC. With a circulating supply of 42,990,014,206.92 USDC, it means that USDC has a total market cap of CLP 42,534,555,829,179.76. The amount of USDC traded has fallen by CLP 595,637,886,560 in the last 24 hours, which is a 9.15% decrease. Additionally, in the last day, CLP 6,508,445,132,689 worth of USDC has been traded.
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About USDC
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
USDC, or USD Coin, is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. This means that for every unit of USDC in circulation, there is $1 held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, the organization behind USDC, ensures that this cryptocurrency is issued by regulated financial institutions. USDC was launched in September 2018 with the aim of providing a digital currency for the digital age. It is designed for a world where cashless transactions are becoming increasingly common.
USDC operates as an ERC-20 token on the Ethereum blockchain. This means that it can be integrated with Ethereum-based applications, providing security and confidence in the stablecoin. The assurance that users can withdraw 1 USDC and receive $1 in return without any issues is a key aspect of how USDC works. To ensure this, a major accounting firm is tasked with verifying the levels of cash held in reserve and ensuring this matches up with the number of tokens in circulation. The number of USDC that can exist is limitless, with new coins created in line with demand, whenever someone wants to purchase one with their dollar.
USDC has several potential use cases. It can provide a safe haven for crypto traders in times of volatility, allowing them to hold their value in a stable asset. Businesses can also use USDC to accept payments in digital assets, potentially shaking up sectors such as decentralized finance and gaming. The goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers, and decentralized applications (dApps) as possible. This aims to enhance the cryptocurrency space by providing a stable and reliable digital currency.
USDC was launched in September 2018 by the Centre Consortium, which has two founding members: the peer-to-peer payment services company Circle and the cryptocurrency exchange Coinbase. In 2020, Circle and Coinbase announced a major upgrade to USDC’s protocol and smart contract, with the goal of making it easier for USDC to be used for everyday payments, commerce, and peer-to-peer transactions. Unlike some crypto ventures, Circle and Coinbase have achieved regulatory compliance, which has helped pave the way for international expansion. Both projects are also well-funded, giving the stablecoin certainty. The transparency over the provenance of its funds has been a big reason for USDC's success.
How USDC and Chilean Peso differ
USDC and the Chilean Peso (CLP) are both forms of currency, but they operate in fundamentally different ways. USDC, or USD Coin, is a type of cryptocurrency known as a stablecoin, which is pegged to the U.S. dollar on a 1:1 basis. This means that for every USDC in circulation, there is an equivalent $1 held in reserve. USDC operates on the Ethereum blockchain as an ERC-20 token, allowing it to be integrated with Ethereum-based applications. It aims to provide a stable and reliable digital currency in a world where cashless transactions are becoming increasingly common. On the other hand, the Chilean Peso is a traditional fiat currency issued by the Central Bank of Chile. It is used for all types of transactions within Chile and can be physically held and spent. Unlike USDC, the value of the Chilean Peso is not fixed and can fluctuate based on factors such as inflation and changes in the foreign exchange market. While USDC seeks to create an ecosystem where it is accepted by as many digital wallets, exchanges, and decentralized applications as possible, the Chilean Peso operates within a more traditional banking and financial system.
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The exchange rate of USDC is increasing.
The current value of 1 USDC is CLP 989 CLP. In other words, to buy 5 USDC, it would cost you CLP 4,947 CLP. Inversely, CLP 1 CLP would allow you to trade for 0.0010 USDC while CLP 50 CLP would convert to 0.0505 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the the highest exchange rate of 1 USDC to Chilean Peso was CLP 990.10 CLP and the lowest 24 hour value was 1 USDC for CLP 987.90 CLP. This time last month, the value of 1 USDC was CLP 987 CLP, which is a 0% decrease from where it is now. Looking back a year, USDC has changed by CLP 892 CLP.
USDC to CLP performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
CLP 989.15 CLP | 0.00% | CLP 977.51 CLP | 0.00% | CLP 986.78 CLP | 0.00% | CLP 892.49 CLP | 0.00% |
USDC to CLP
Amount | Today at 3:49 am |
|---|---|
0.5 USDC | CLP 494.73 |
1 USDC | CLP 989.47 |
5 USDC | CLP 4,947.33 |
10 USDC | CLP 9,894.66 |
50 USDC | CLP 49,473.32 |
100 USDC | CLP 98,946.63 |
500 USDC | CLP 494,733.17 |
1,000 USDC | CLP 989,466.34 |
CLP to USDC
Amount | Today at 3:49 am |
|---|---|
0.5 CLP | 0.000505 USDC |
1 CLP | 0.0010 USDC |
5 CLP | 0.0051 USDC |
10 CLP | 0.0101 USDC |
50 CLP | 0.0505 USDC |
100 CLP | 0.10 USDC |
500 CLP | 0.51 USDC |
1,000 CLP | 1.01 USDC |
Today vs. 24 hours ago
Amount | Today at 3:49 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 USDC | CLP 494.73 | CLP 494.73 | 0.00% |
1 USDC | CLP 989.47 | CLP 989.47 | 0.00% |
5 USDC | CLP 4,947.33 | CLP 4,947.33 | 0.00% |
10 USDC | CLP 9,894.66 | CLP 9,894.66 | 0.00% |
50 USDC | CLP 49,473.32 | CLP 49,473.32 | 0.00% |
100 USDC | CLP 98,946.63 | CLP 98,946.63 | 0.00% |
500 USDC | CLP 494,733.17 | CLP 494,733.17 | 0.00% |
1,000 USDC | CLP 989,466.34 | CLP 989,466.34 | 0.00% |
Today vs. 1 month ago
Amount | Today at 3:49 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 USDC | CLP 494.73 | CLP 494.73 | 0.00% |
1 USDC | CLP 989.47 | CLP 989.47 | 0.00% |
5 USDC | CLP 4,947.33 | CLP 4,947.33 | 0.00% |
10 USDC | CLP 9,894.66 | CLP 9,894.66 | 0.00% |
50 USDC | CLP 49,473.32 | CLP 49,473.32 | 0.00% |
100 USDC | CLP 98,946.63 | CLP 98,946.63 | 0.00% |
500 USDC | CLP 494,733.17 | CLP 494,733.17 | 0.00% |
1,000 USDC | CLP 989,466.34 | CLP 989,466.34 | 0.00% |
Today vs. 1 year ago
Amount | Today at 3:49 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 USDC | CLP 494.73 | CLP 494.73 | 0.00% |
1 USDC | CLP 989.47 | CLP 989.47 | 0.00% |
5 USDC | CLP 4,947.33 | CLP 4,947.33 | 0.00% |
10 USDC | CLP 9,894.66 | CLP 9,894.66 | 0.00% |
50 USDC | CLP 49,473.32 | CLP 49,473.32 | 0.00% |
100 USDC | CLP 98,946.63 | CLP 98,946.63 | 0.00% |
500 USDC | CLP 494,733.17 | CLP 494,733.17 | 0.00% |
1,000 USDC | CLP 989,466.34 | CLP 989,466.34 | 0.00% |
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