Which coin performs better – USDC or Siacoin?
We compare the current price (0.99989 $ vs 0.00296 $), market cap (61 995 184 018 vs 165 720 000) and all-time high (1.17 vs 0.09287).
Find out which one stands out right now!
USDC is currently trading at 0.99989 $, while Siacoin stands at 0.00296 $. These cryptocurrencies differ not only in price but also in market presence.
The market cap of USDC is around 61 995 184 018, and Siacoin has about 165 720 000. Their respective all-time highs are 1.17 for USDC and 0.09287 for Siacoin.
Daily trading volume and the 24h price change (0.00402 % vs -0.33653 %) also offer key insights.
Compare all metrics now and see which coin fits your investment strategy best!
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 informationSiacoin is a decentralized cloud storage platform that leverages blockchain technology to offer an innovative solution for data storage. By incentivizing users to rent out their unused hard drive space, Siacoin creates a network that is both secure and cost-effective. Its commitment to privacy and decentralization sets it apart as a promising alternative to traditional cloud storage services.
more information
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General Information |
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Title
USDC
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Title
Siacoin
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Symbol
usdc
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Symbol
sc
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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 23:28
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Price Data |
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Current Price $
0.99989 $
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Current Price $
0.00296 $
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High 24h
0.99991 $
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High 24h
0.00300 $
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Low 24h
0.99979 $
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Low 24h
0.00294 $
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Price Change 24h
0.00004 $
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Price Change 24h
-0.00001 $
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Price Change % 24h
0.00402 %
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Price Change % 24h
-0.33653 %
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Market Data |
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Market Cap
61 995 184 018
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Market Cap
165 720 000
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Total Volume
4 944 844 126
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Total Volume
4 208 739
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Market Cap Change 24h
-226 432 510
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Market Cap Change 24h
-987 281
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Market Cap Change % 24h
-0.36391 %
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Market Cap Change % 24h
-0.59222 %
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Return on Investment (ROI)
-
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Return on Investment (ROI)
-86.97832 %
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Supply and Availability |
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Circulating Supply
62 002 546 456
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Circulating Supply
56 025 636 522
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Total Supply
62 009 548 728
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Total Supply
60 914 355 676
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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)
0.09287
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ATH Change %
-14.73560 %
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ATH Change %
-96.81837 %
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ATH Date
2019-05-08 00:40
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ATH Date
2018-01-06 00:00
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All Time Low (ATL)
0.87765
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All Time Low (ATL)
0.00001
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ATL Change %
13.92978 %
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ATL Change %
23 311 %
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ATL Date
2023-03-11 08:02
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ATL Date
2015-12-28 00:00
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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.
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.
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.
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.
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.
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.
Siacoin (SC) is a cryptocurrency that represents a novel approach to cloud storage. Unlike traditional cloud services offered by major tech companies, Siacoin is part of the Sia network which offers decentralized cloud storage. But what exactly are the advantages and disadvantages of Siacoin, and how has it evolved over the years?
Siacoin powers the Sia network, which is a decentralized cloud storage platform. It operates by allowing anyone to rent out unused hard drive space on their computers to other users. This approach aims to significantly reduce costs compared to traditional cloud storage solutions by cutting out the middleman. The native cryptocurrency, Siacoin, is used by renters to pay hosts for storage, facilitating trustless and encrypted contracts that are seamlessly managed on the blockchain.
One of the major advantages of Siacoin is its potential cost-effectiveness. By eliminating centralized entities, storage costs can be reduced significantly. This decentralization also ensures that files are stored securely across multiple nodes, enhancing data redundancy and protection against single points of failure.
Moreover, the use of blockchain for managing contracts enhances transparency and trust, as participants can independently verify transactions and storage agreements. Siacoin’s model gives users full control over their data, an attractive trait for those concerned about data privacy.
Despite its innovative model, Siacoin faces several challenges. The steep learning curve associated with using decentralized platforms can deter mainstream adoption. Additionally, the reliability of the network depends on a vast number of hosts being consistently available, which can be unpredictable and unstable when compared to centralized services.
Scalability is another hurdle for Siacoin, as the blockchain technology currently limits the throughput of storage and transactions. This technical limitation poses a challenge to handle massive data storage requirements effectively.
Siacoin experienced its all-time high on January 6, 2018, at $0.092868. Since then, the coin has seen a significant downtrend, losing around 94.95% of its value from the peak. The initial excitement around blockchain-based solutions led to a significant rise in Siacoin’s value. However, like many cryptocurrencies, it suffered from the bursting of the cryptocurrency bubble in 2018.
Despite this downturn, Siacoin maintains a substantial ROI from its all-time low, showcasing its resilience and the cyclical nature of the crypto market. Its evolving technology and use case keep it relevant in discussions about decentralized storage solutions.
Looking into the future, Siacoin’s growth will heavily depend on the adoption of decentralized technologies. As data privacy becomes a growing concern globally, Siacoin’s appeal might increase. Enhancement in blockchain scalability and a broader acceptance of crypto-based payments could dramatically boost Siacoin's utility.
Furthermore, strategic partnerships and technological advancements could enhance its infrastructure, providing a more robust and reliable solution to potential users. However, Siacoin must continue to address its challenges to ensure that it stands out in the competitive cloud storage market.
In conclusion, Siacoin presents a compelling case for decentralized cloud storage, with meaningful advantages and certain inherent challenges. Its performance has seen highs and lows, indicative of both market volatility and opportunity. Siacoin’s future will largely be guided by advancements in blockchain technology and shifting consumer attitudes toward data privacy and cloud solutions.