SGD Plunges 50% Against USDC as Market Volatility Continues

The Singapore Dollar (SGD) has seen significant fluctuations against the USDCoin (USDC), the stablecoin pegged to the US dollar. As of August 10, 2026, at 14:29 GMT+8, 1 SGD is equivalent to approximately 0.78172957897 USDC. This represents a 50% decrease in value over the past 24 hours.

The market capitalization of USDC stands at S$92.28B SGD, with a 24-hour trading volume of S$7.39B SGD. The circulating supply is 72B USDC. On Bybit, users can convert their SGDs to USDC without any conversion fees, taking advantage of the platform's zero-fee policy.

For those looking to explore popular conversion amounts, Bybit provides a calculator for SGD to USDC conversions, ranging from 0.001 SGD to 100 SGD. The live exchange rate is updated in real-time based on market data, ensuring users have access to accurate and up-to-date information.