USDC Soars by 100% on Bybit, Hits New Exchange Rate

Bybit, a prominent cryptocurrency exchange, reported that the price of USDC (USD Coin) has surged by 100% over the last 24 hours. As of August 10th at 11:29 GMT+8, the current exchange rate is 1 USDC = S$1.2794995121765953 SGD.

The market capitalization of USDC stands at S$92.31B SGD with a 24-hour trading volume of S$7.09B SGD. The circulating supply of USDC is 72B.

To convert USDC to SGD on Bybit, users can enter the amount they wish to convert and instantly see the equivalent value in SGD based on the live exchange rate. Bybit offers zero conversion fees and a 15-second rate lock once confirmed.