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  1. Home
  2. Cryptocurrencies
  3. The Open Network
  4. Vs
  5. Usd Coin

Toncoin (TON) vs USDC (USDC)

Learn how Toncoin and USDC differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.

$1.56
#26
The Open Network (TON) is an open-source ecosystem based on the TON blockchain. This network is the backbone of a complex, multi-layered architecture, composed of several "workchains," which are themselves divided into several "shardchains," allowing for a high level of performance. Initially built by the Telegram messaging team, the Open Network project is now independent and its development relies on its community of developers.
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$0.9997
#5
USDC is a stablecoin, meaning it is a stable cryptocurrency aimed at replicating the value of the US dollar (USD). Launched in 2018 by the company Circle, USDC is one of the most widely used centralized stablecoins by investors. Each USDC is backed by one US dollar held in cash or equivalent assets. Circle's reserves are audited and made public on a monthly basis. In 2024, Circle became the first stablecoin issuer to comply with the MiCA regulation in Europe.
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Key Metrics Comparison

ToncoinTON
Market Cap
$4.178B
24h Volume
$247.65M
Liquidity Ratio
5.93%
24h Change
+3.10%
7d Change
-11.12%
Circulating Supply
2,673,502,552.661
Max Supply
N/A
All-Time High
$8
USDCUSDC
Market Cap
$75.433B
24h Volume
$23.343B
Liquidity Ratio
30.95%
24h Change
+0.01%
7d Change
+0.01%
Circulating Supply
75,458,664,647.952
Max Supply
N/A
All-Time High
$1

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two cryptocurrencies.

Market Share

Share of combined market cap

Market Share
TON
5.2%
USDC
94.8%

Volume Share

Share of combined 24h volume

Volume Share
TON
1.0%
USDC
99.0%

24h Performance

Price change over last 24 hours

24h Performance
TON
3.10%
USDC
0.01%

7d Performance

Price change over last 7 days

7d Performance
TON
-11.12%
USDC
0.01%

Proximity to ATH

How close to all-time high (closer is better)

Proximity to ATH
TON
-81.1%
USDC
-4.2%

Liquidity Ratio

Volume to market cap ratio (higher = more liquid)

Liquidity Ratio
TON
5.93%
USDC
30.95%