BENQI vs USDC — how do they compare? BENQI trades at Rp23.44 (market cap Rp168,35M, Rp9,11M 24h volume), while USDC trades at Rp17,852 (market cap Rp1.285,79T, Rp122,54T 24h volume). The key difference: USDC is far larger — about 7637600.2× BENQI's market cap, and BENQI's supply is capped (7,2B / 7,2B QI (100%)) while USDC's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold BENQI for 48 Days and USDC for 63 Days on average.
| QI | USDC | |
|---|---|---|
Market Cap | Rp168,35M | Rp1.285,79T |
Volume (24h) | Rp9,11M | Rp122,54T |
Circulating Supply | 7,2B / 7,2B QI (100%) | 72B USDC |
Typical Hold Time | 48 Days | 63 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
BENQI is a decentralized non-custodial liquidity market as well as a liquid staking protocol built on the high-speed Avalanche smart contract network. The lending protocol allows users to lend, borrow, or earn interest using their digital assets. The Liquid Staking protocol provides a solution for capital efficiency, offering users the opportunity to unlock their “staked” AVAX to be used on Decentralized Financial protocols.
Read more on QI →USD Coin is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. The stablecoin was originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is 'digital money for the digital age'— and the stablecoin is designed for a world where cashless transactions are becoming more common. USD Coin has aimed to stand head and shoulders over competitors in several ways. One of them concerns transparency and assurance that users will be able to withdraw 1 USDC and receive $1 in return without any issues.
Read more on USDC →