USD Coin (USDC) Interest Calculator

How much interest can you earn by depositing your USD Coin in an interest-bearing account?

What is USD Coin (USDC)?

USD Coin (USDC) is a type of cryptocurrency called a stable coin. USDC is issued by Circle and Coinbase, two leading regulated financial institutions, and is fully backed by reserve assets. The price of 1 USDC is pegged to $1 (US dollar), meaning that each USDC is redeemable 1:1 for US Dollars. USDC is widely considered to be the gold standard in USD-pegged stable coins and is effectively a digital dollar that allows global transactions denominated in USD between crypto-wallets. USD Coin is an Ethereum token powered by the Ethereum network, meaning that it can be stored in any Ethereum-based wallet.

How do I earn interest on my USDC?

There are multiple ways that you can earn interest on your USD Coin that offer varying returns depending on your risk appetite. On the low-risk end, Coinbase offers a 0.15% interest rate on your USDC deposits, acting effectively as a savings account for your USDC. If you want to earn meaningful returns on your USDC however, then crypto lending platforms offer interest rates in the high single digits, but these do come with some risk.


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