-
Bitcoin $79,279.1654
-3.77% - Ethereum
$2,009.0079
-1.98% - Tether USDt
$0.9995
-0.03% - XRP
$2.0866
-2.58% - BNB
$546.4392
-2.58% - Solana
$120.8267
-5.65% - USDC
$1.0000
0.00% - Cardano
$0.6904
-6.57% - Dogecoin
$0.1630
-4.88% - TRON
$0.2340
-2.36% - Pi
$1.3500
-1.17% - UNUS SED LEO
$9.6672
-0.99% - Chainlink
$13.2490
-5.49% - Hedera
$0.1985
-2.50% - Stellar
$0.2550
-4.96% - Avalanche
$17.4274
-7.42% - Shiba Inu
$0.0...01220
3.10% - Sui
$2.1877
-5.21% - Bitcoin Cash
$348.7728
-3.90% - Litecoin
$91.4565
-5.63% - Toncoin
$2.6854
0.35% - Polkadot
$4.0135
-1.97% - MANTRA
$6.1854
-1.91% - Ethena USDe
$0.9997
0.04% - Dai
$0.9998
-0.02% - Bitget Token
$3.9137
-9.28% - Hyperliquid
$14.0435
-4.07% - Uniswap
$6.2936
-4.53% - Monero
$202.2988
-6.22% - Aptos
$5.2378
-11.23%
What is the total circulation of USDJ (USDJ) coins?
USD Coin's (USDJ) total circulation reached approximately 44.1 billion in January 2023, solidifying its position as the second-largest stablecoin by market capitalization.
Dec 18, 2024 at 02:53 pm
What is the Total Circulation of USDJ (USDJ) Coins?
USD Coin (USDJ) is a stablecoin pegged to the US dollar. It is issued by Circle, a financial technology company based in the United States. USDJ is designed to provide a stable and reliable way to store and transfer value on the blockchain.
As of January 2023, the total circulation of USDJ coins is approximately 44.1 billion. This makes USDJ the second-largest stablecoin by market capitalization, behind only Tether (USDT).
Understanding the Total Circulation of USDJ
The total circulation of USDJ refers to the total number of USDJ tokens that have been issued and are currently in circulation. This number is important because it provides an indication of the overall supply of USDJ in the market.
The total circulation of USDJ can be affected by several factors, including:
- Issuance: New USDJ tokens can be issued by Circle to meet demand.
- Redemption: USDJ tokens can be redeemed for US dollars at any time by their holders.
- Burning: USDJ tokens can be burned or destroyed by Circle to reduce the total supply.
Implications of the Total Circulation of USDJ
The total circulation of USDJ has several implications for the market:
- Stability: The total circulation of USDJ is one of the factors that can affect the stability of its price. A high total circulation can help to stabilize the price of USDJ by providing a larger pool of liquidity.
- Liquidity: The total circulation of USDJ also affects its liquidity. A high total circulation can make it easier to buy and sell USDJ tokens.
- Competition: The total circulation of USDJ can also affect its competitiveness with other stablecoins. A high total circulation can give USDJ an advantage over other stablecoins with a lower total circulation.
How to Check the Total Circulation of USDJ
The total circulation of USDJ can be checked on several websites, including:
- CoinMarketCap: https://coinmarketcap.com/currencies/usd-coin/
- CoinGecko: https://www.coingecko.com/en/coins/usd-coin
- Nomics: https://nomics.com/assets/usd-coin-usdj
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Crypto analysts are comparing Lightchain AI to Pi Network—could this underrated coin be the next 10x?
- 2025-03-11 01:05:48
- Pepeto (PEPETO) - The Next Big Meme Coin of 2025
- 2025-03-11 01:05:48
- SUI Price Has Fallen by Over 50% from Its Recent Peak. Despite the Sharp Downturn, One Analyst Remains Bullish.
- 2025-03-11 01:05:48
- Cryptocurrency meme coin $TRUMP is the newest target of phishing scams
- 2025-03-11 01:05:48
- Bitcoin (BTC) Price Forecasts Made in Late 2024 vs. Actual Trading in Q1 2025
- 2025-03-11 01:05:47
- Shiba Inu (SHIB) Struggles to Gain Momentum Despite Strong Ecosystem Development
- 2025-03-11 01:05:47
Related knowledge
What is SOL coin? What are the future development prospects?
Mar 10,2025 at 10:25pm
Key Points:SOL is the native token of the Solana blockchain, a high-performance layer-1 blockchain designed for decentralized applications (dApps).Solana's innovative consensus mechanism, Proof-of-History (PoH), allows for significantly faster transaction speeds compared to other blockchains like Ethereum.The future prospects of SOL depend on several fa...
On which exchanges can AVAX coin be traded?
Mar 10,2025 at 10:20pm
Key Points:Avalanche (AVAX) is available on numerous centralized and decentralized exchanges (CEXs and DEXs).Choosing an exchange depends on factors like fees, security, available trading pairs, and user experience.Security is paramount; research exchange reputation and security measures before trading.Decentralized exchanges offer greater autonomy but ...
How is the security of AVAX coin guaranteed?
Mar 11,2025 at 12:51am
Key Points:Avalanche's security relies on a multi-faceted approach, not solely on a single mechanism.The Avalanche consensus mechanism, Avalanche consensus, plays a crucial role in securing the network.Validators, who stake AVAX, are incentivized to act honestly and maintain network security.Regular security audits and community vigilance contribute to ...
How are AVAX coins generated?
Mar 11,2025 at 12:56am
Key Points:Avalanche's AVAX tokens are generated through a combination of staking rewards, transaction fees, and a pre-defined initial supply.The process involves validators securing the network and earning AVAX for their participation.Subnets, custom blockchain networks built on Avalanche, also contribute to AVAX token distribution.Inflation is control...
Is AVAX coin suitable for long-term investment? What is its investment value?
Mar 10,2025 at 10:05pm
Key Points:Avalanche's (AVAX) long-term investment suitability hinges on its technological advancements, adoption rate, and the overall cryptocurrency market conditions.AVAX's value proposition lies in its speed, scalability, and low transaction fees, addressing limitations of other blockchain networks.Significant risks include market volatility, compet...
What is the background of the founder of UNI coin?
Mar 10,2025 at 08:25pm
Key Points:Uniswap, the decentralized exchange (DEX) behind UNI, doesn't have a single founder in the traditional sense. It's a community-governed project.Hayden Adams is widely recognized as the primary architect and initial developer of Uniswap. His background is crucial to understanding the project's ethos.Understanding Adams' background helps illumi...
What is SOL coin? What are the future development prospects?
Mar 10,2025 at 10:25pm
Key Points:SOL is the native token of the Solana blockchain, a high-performance layer-1 blockchain designed for decentralized applications (dApps).Solana's innovative consensus mechanism, Proof-of-History (PoH), allows for significantly faster transaction speeds compared to other blockchains like Ethereum.The future prospects of SOL depend on several fa...
On which exchanges can AVAX coin be traded?
Mar 10,2025 at 10:20pm
Key Points:Avalanche (AVAX) is available on numerous centralized and decentralized exchanges (CEXs and DEXs).Choosing an exchange depends on factors like fees, security, available trading pairs, and user experience.Security is paramount; research exchange reputation and security measures before trading.Decentralized exchanges offer greater autonomy but ...
How is the security of AVAX coin guaranteed?
Mar 11,2025 at 12:51am
Key Points:Avalanche's security relies on a multi-faceted approach, not solely on a single mechanism.The Avalanche consensus mechanism, Avalanche consensus, plays a crucial role in securing the network.Validators, who stake AVAX, are incentivized to act honestly and maintain network security.Regular security audits and community vigilance contribute to ...
How are AVAX coins generated?
Mar 11,2025 at 12:56am
Key Points:Avalanche's AVAX tokens are generated through a combination of staking rewards, transaction fees, and a pre-defined initial supply.The process involves validators securing the network and earning AVAX for their participation.Subnets, custom blockchain networks built on Avalanche, also contribute to AVAX token distribution.Inflation is control...
Is AVAX coin suitable for long-term investment? What is its investment value?
Mar 10,2025 at 10:05pm
Key Points:Avalanche's (AVAX) long-term investment suitability hinges on its technological advancements, adoption rate, and the overall cryptocurrency market conditions.AVAX's value proposition lies in its speed, scalability, and low transaction fees, addressing limitations of other blockchain networks.Significant risks include market volatility, compet...
What is the background of the founder of UNI coin?
Mar 10,2025 at 08:25pm
Key Points:Uniswap, the decentralized exchange (DEX) behind UNI, doesn't have a single founder in the traditional sense. It's a community-governed project.Hayden Adams is widely recognized as the primary architect and initial developer of Uniswap. His background is crucial to understanding the project's ethos.Understanding Adams' background helps illumi...
See all articles
