USDC/MXN: Convert USDC (USDC) to Mexican Peso (MXN)
1 USDC equals MX$19.32 Mexican Peso
Last update: 12:53 AM, September 20, 2024
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Overview
About USDC (USDC)
USDC is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. The launch of USDC was powered by a collaboration between Coinbase and Circle through the co-founding of the CENTRE Consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. Note: Coinbase only supports USDC running on Ethereum (ERC-20).
Resources
How USDC (USDC) and Mexican Peso (MXN) differ
USDC and the Mexican Peso (MXN) 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's an equivalent $1 held in reserve, providing stability in the often volatile crypto market. It operates as an ERC-20 token on the Ethereum blockchain, allowing it to be integrated with Ethereum-based applications. On the other hand, the Mexican Peso is a traditional fiat currency, regulated by the Mexican government and subject to the economic conditions of Mexico. Unlike USDC, the value of the Mexican Peso can fluctuate based on factors such as inflation, interest rates, and economic performance. While USDC aims to provide a digital currency for the increasingly cashless world, the Mexican Peso is used in both digital and physical transactions within Mexico and can be physically held. Furthermore, USDC's limitless supply contrasts with the controlled supply of the Mexican Peso, which is managed by Mexico's central bank.
USDC Markets
USDC is falling this week.
The current price of USDC is MX$19.32 per USDC. With a circulating supply of 35,615,636,243.048 USDC, it means that USDC has a total market cap of MX$687,982,379,776.73. The amount of USDC traded has fallen by MX$11,632,801,914.46 in the last 24 hours, which is a 9.03% decrease. Additionally, in the last day, MX$128,789,471,925.64 worth of USDC has been traded.
£688.0B
£128.8B
35.6B USDC
Conversion tables
The exchange rate of USDC is increasing.
The current value of 1 USDC is MX$19.32 MXN. In other words, to buy 5 USDC, it would cost you MX$96.60 MXN. Inversely, MX$1.00 MXN would allow you to trade for 0.0518 USDC while MX$50.00 MXN would convert to 2.5881 USDC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, and that the the highest exchange rate of 1 USDC to Mexican Peso was 1 MXN and the lowest 24 hour value was 1 USDC for 1 MXN. This time last month, the value of 1 USDC was MX$19.32 MXN, which is a 0% decrease from where it is now. Looking back a year, USDC has changed by MX$0.00 MXN.
USDC to MXN
Amount | Today at 12:53 am |
---|---|
0.5 USDC | MX$9.66 |
1 USDC | MX$19.32 |
5 USDC | MX$96.60 |
10 USDC | MX$193.19 |
50 USDC | MX$965.96 |
100 USDC | MX$1,931.92 |
500 USDC | MX$9,659.62 |
1,000 USDC | MX$19,319.24 |
MXN to USDC
Amount | Today at 12:53 am |
---|---|
0.5 MXN | 0.0259 USDC |
1 MXN | 0.0518 USDC |
5 MXN | 0.26 USDC |
10 MXN | 0.52 USDC |
50 MXN | 2.59 USDC |
100 MXN | 5.18 USDC |
500 MXN | 25.88 USDC |
1,000 MXN | 51.76 USDC |
Today vs. 24 hours ago
Amount | Today at 12:53 am | 24 hours ago | 24H Change |
---|---|---|---|
0.5 USDC | MX$9.66 | MX$9.66 | 0.00% |
1 USDC | MX$19.32 | MX$19.32 | 0.00% |
5 USDC | MX$96.60 | MX$96.60 | 0.00% |
10 USDC | MX$193.19 | MX$193.19 | 0.00% |
50 USDC | MX$965.96 | MX$965.96 | 0.00% |
100 USDC | MX$1,931.92 | MX$1,931.92 | 0.00% |
500 USDC | MX$9,659.62 | MX$9,659.62 | 0.00% |
1,000 USDC | MX$19,319.24 | MX$19,319.24 | 0.00% |
Today vs. 1 month ago
Amount | Today at 12:53 am | 1 months ago | 1M Change |
---|---|---|---|
0.5 USDC | MX$9.66 | MX$9.66 | 0.00% |
1 USDC | MX$19.32 | MX$19.32 | 0.00% |
5 USDC | MX$96.60 | MX$96.60 | 0.00% |
10 USDC | MX$193.19 | MX$193.19 | 0.00% |
50 USDC | MX$965.96 | MX$965.96 | 0.00% |
100 USDC | MX$1,931.92 | MX$1,931.92 | 0.00% |
500 USDC | MX$9,659.62 | MX$9,659.62 | 0.00% |
1,000 USDC | MX$19,319.24 | MX$19,319.24 | 0.00% |
Today vs. 1 year ago
Amount | Today at 12:53 am | 1 year ago | 1Y Change |
---|---|---|---|
0.5 USDC | MX$9.66 | MX$9.66 | 0.00% |
1 USDC | MX$19.32 | MX$19.32 | 0.00% |
5 USDC | MX$96.60 | MX$96.60 | 0.00% |
10 USDC | MX$193.19 | MX$193.19 | 0.00% |
50 USDC | MX$965.96 | MX$965.96 | 0.00% |
100 USDC | MX$1,931.92 | MX$1,931.92 | 0.00% |
500 USDC | MX$9,659.62 | MX$9,659.62 | 0.00% |
1,000 USDC | MX$19,319.24 | MX$19,319.24 | 0.00% |
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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.