Crypto
USDC Plummets Against GBP on Bybit Amid 50.00% Decline
The USD Coin (USDC) exchange rate against the British Pound (GBP) on Bybit has experienced a significant decline, reaching a low of 50.00% over the past 24 hours.
According to the data from Bybit, as of August 15, 2026, at 24:25 GMT+8, the exchange rate stands at approximately 1 GBP = 1.35522890 USDC. This represents a decrease from its all-time high of £1.04 and is below its current market value.
The circulating supply of USDC is reported to be around 72B units, with a market capitalization of £53.05B GBP. The USD Coin has seen significant trading volume over the past day, reaching £6.14B GBP in 24-hour trades.