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ItalianoUSDC vs Binance-Peg WETH – Price, Market Cap & Performance Compared
Which coin performs better – USDC or Binance-Peg WETH?
We compare the current price (0.99989 $ vs 2 541.28 $), market cap (61 995 184 018 vs 1 537 455 612) and all-time high (1.17 vs 4 098.26).
Find out which one stands out right now!
VS
USDC is currently trading at 0.99989 $, while Binance-Peg WETH stands at 2 541.28 $. These cryptocurrencies differ not only in price but also in market presence.
The market cap of USDC is around 61 995 184 018, and Binance-Peg WETH has about 1 537 455 612. Their respective all-time highs are 1.17 for USDC and 4 098.26 for Binance-Peg WETH.
Daily trading volume and the 24h price change (0.00402 % vs -0.98237 %) also offer key insights.
Compare all metrics now and see which coin fits your investment strategy best!
USDC
USD Coin (USDC) is a stablecoin that is pegged to the US dollar, offering a consistent value and reducing the volatility often associated with cryptocurrencies. It provides a crucial bridge between traditional financial systems and digital currency markets, facilitating easy and secure transactions. USDC's foundation on blockchain technology ensures transparency and enhances trust among users and institutions.
more informationBinance-Peg WETH
Binance-Peg WETH (Wrapped Ethereum) is a token on the Binance Smart Chain that mirrors the value of Ethereum, offering users a bridge to interact with decentralized applications and services within the Binance ecosystem. It allows for increased accessibility and lower transaction costs compared to the Ethereum network. This token facilitates seamless trading and liquidity provision on Binance's decentralized platforms, enhancing the overall user experience for those seeking to leverage Ethereum's utility in a more efficient manner.
more information
USDC
Binance-Peg WETH
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General Information |
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Title
USDC
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Title
Binance-Peg WETH
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Symbol
usdc
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Symbol
weth
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Whitepaper
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Whitepaper
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Website
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Website
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Community
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Community
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Last Updated
2025-07-07 23:29
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Last Updated
2025-07-07 23:29
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Price Data |
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Current Price $
0.99989 $
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Current Price $
2 541.28 $
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High 24h
0.99991 $
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High 24h
2 586.13 $
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Low 24h
0.99979 $
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Low 24h
2 520 $
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Price Change 24h
0.00004 $
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Price Change 24h
-25.21245 $
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Price Change % 24h
0.00402 %
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Price Change % 24h
-0.98237 %
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Market Data |
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Market Cap
61 995 184 018
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Market Cap
1 537 455 612
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Total Volume
4 944 844 126
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Total Volume
50 757 792
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Market Cap Change 24h
-226 432 510
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Market Cap Change 24h
-15 655 647
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Market Cap Change % 24h
-0.36391 %
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Market Cap Change % 24h
-1.00802 %
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Return on Investment (ROI)
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Return on Investment (ROI)
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Supply and Availability |
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Circulating Supply
62 002 546 456
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Circulating Supply
605 000
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Total Supply
62 009 548 728
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Total Supply
605 000
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Max Supply
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Max Supply
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Historical Data |
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All Time High (ATH)
1.17
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All Time High (ATH)
4 098.26
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ATH Change %
-14.73560 %
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ATH Change %
-38.00972 %
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ATH Date
2019-05-08 00:40
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ATH Date
2024-12-06 20:27
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All Time Low (ATL)
0.87765
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All Time Low (ATL)
1 394.32
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ATL Change %
13.92978 %
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ATL Change %
82.20537 %
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ATL Date
2023-03-11 08:02
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ATL Date
2025-04-09 01:32
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USDC
Understanding USDC: A Stablecoin in the Volatile Crypto World
USDC, or USD Coin, is a prominent stablecoin in the cryptocurrency market. Issued by Circle and backed by fully reserved assets, USDC is designed to maintain a 1:1 value ratio with the US Dollar, making it a reliable digital dollar. The stablecoin ecosystem plays a crucial role in the broader cryptocurrency industry by providing a less volatile alternative to traditional cryptocurrencies like Bitcoin and Ethereum.
The Evolution of USDC
Launched in 2018, USDC was developed as part of a collaboration between Circle and Coinbase, two major forces in the cryptocurrency space. Since its inception, USDC has seen significant growth and adoption, becoming one of the leading stablecoins alongside Tether (USDT) and Binance USD (BUSD). While its all-time high reached $1.17 in May 2019, this was more of an anomalous spike that reinforced the need for rigorous controls to maintain stability around its intended $1 peg.
Pros of Using USDC
One of the primary advantages of USDC is its transparency and regulatory compliance. Circle, the company behind USDC, undergoes regular audits and publishes monthly attestations of its reserves, ensuring users that each USDC token is truly backed by a dollar or dollar-equivalent asset held in reserve. This transparency fosters trust and helps mitigate the volatility that plagues much of the crypto market.
Furthermore, USDC serves as a bridge between traditional finance and the blockchain world. It's used widely in Defi applications, allowing decentralized lending, borrowing, and trading while maintaining value stability. Additionally, USDC's integration into various wallets and exchanges worldwide adds to its utility and liquidity.
Cons of USDC
Despite its advantages, USDC is not without its drawbacks. One of the critical concerns involves regulatory risks, as stricter regulations on stablecoins could impact its future operations. Also, as a centralized stablecoin, USDC is subject to censorship concerns, where accounts can be frozen, diverging from the decentralized ethos that underlies most cryptocurrencies.
Another drawback is that, unlike decentralized alternatives, USDC requires a level of trust in the issuer, Circle. Any potential mismanagement or economic instability affecting Circle could, in theory, impact its ability to maintain the 1:1 peg, a risk inherent to any centralized stablecoin.
Past Performance and Market Impact
USDC has generally maintained its peg effectively, with minor fluctuations typically remaining within a tight range around $1. Its stability has been pivotal during periods of crypto market volatility, where it serves as a safe haven for investors looking to escape market downturns without exiting the crypto ecosystem.
In terms of market cap, USDC has experienced exponential growth, driven by increased adoption in the decentralized finance (Defi) space and demand for stable trading pairs. Despite being eclipsed by Tether (USDT) in terms of market share, USDC's reputation for transparency gives it a competitive edge.
Future Outlook for USDC
Looking ahead, USDC's future appears promising but laden with challenges. The growing scrutiny from regulators worldwide could result in regulatory changes impacting its operations. However, Circle's proactive approach to compliance and regulation may shield USDC from adverse outcomes.
The stablecoin's role in facilitating seamless transactions and enabling innovative financial products in the Defi space will likely continue to drive its utility and adoption. Moreover, as traditional financial institutions begin to explore blockchain technology, USDC could play a critical role in bridging the two worlds.
In summary, USDC's stability, transparency, and integration with both traditional and decentralized finance systems position it as a key player in the ongoing evolution of digital finance. However, navigating regulatory landscapes and maintaining trust will be crucial for its sustained success.
Binance-Peg WETH
Understanding Binance-Peg WETH: An Overview
The cryptocurrency landscape is vast, with various tokens and coins created for specific purposes. Among these is Binance-Peg WETH (Wrapped Ethereum on Binance Smart Chain or BSC), a crypto asset pegged to the value of Ethereum and designed to facilitate the trade of Ethereum on the Binance Smart Chain. This article delves into its roles, advantages, disadvantages, historical performance, and future prospects.
The Technical Backbone of Binance-Peg WETH
Binance-Peg WETH functions by mirroring the value of ETH, Ethereum's native token, one of the leading cryptocurrencies globally. While ETH operates on the Ethereum blockchain, Binance-Peg WETH exists on Binance Smart Chain as an ERC-20 token equivalent. This enables users to leverage Ethereum’s features but through Binance’s ecosystem, known for its lower transaction fees and faster processing times.
Advantages of Binance-Peg WETH
One of the main benefits of Binance-Peg WETH is its cost efficiency. By using the Binance Smart Chain, transactions incur significantly reduced fees compared to the original Ethereum network, known for its high gas fees. Additionally, BSC offers quicker transaction times, enhancing the R&D development and trading efficiency for developers and investors alike.
Moreover, Binance-Peg WETH enhances liquidity and composability within decentralized finance (DeFi) ecosystems. It allows Ethereum holders to participate in Binance's DeFi projects while maintaining their asset’s value equivalence to ETH.
Drawbacks of Binance-Peg WETH
Despite its benefits, Binance-Peg WETH comes with certain risks. Being pegged means relying heavily on the centralized control of Binance, which has raised centralization concerns among crypto purists. The need to trust Binance for maintaining the 1:1 peg ratio adds an additional layer of reliance and possible risk.
Moreover, as with any digital asset, Binance-Peg WETH is subject to market volatility. While it mirrors Ethereum's value, any fluctuations in the market could directly impact its price stability.
Historical Performance
As of the latest data available, Binance-Peg WETH has experienced notable price shifts. It once reached an all-time high (ATH) of $2808.56 on August 24, 2024, later experiencing a drop to its all-time low (ATL) of $2171.8 on September 6, 2024. These fluctuations reflect its high volatility, common in the crypto market.
During the most recent 24 hours from the reported data, Binance-Peg WETH's value decreased by 2.51%, with a price adjustment of $-65.55. Its market capitalization changed by -2.32%, reflecting the overall sentiment and dynamic movements in the crypto space.
Future Prospects and Conclusion
Looking ahead, Binance-Peg WETH's future hinges on several factors, including Ethereum's overall performance, developments in Binance Smart Chain, and the broader crypto market trends. As DeFi and cross-chain functionalities grow, the practical uses and adoption of Binance-Peg WETH could rise, enhancing its value proposition.
However, potential investors should remain cautious regarding the asset’s centralization and inherent risks through market volatility. Continuous innovation and strategic partnerships in BSC and Ethereum ecosystems could further strengthen WETH's standing.
In conclusion, Binance-Peg WETH emerges as a potent asset for those looking to exploit Ethereum’s capabilities within the Binance Smart Chain network. With its advantages and challenges, a balanced approach is advisable for trading and holding this cryptocurrency.