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KBTC vs USDC — price, size and safety, side by side

KBTC (Ethereum) vs USDC (Solana) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-13 / 2026-11-15.

KBTCB

$69.83K
Kraken Wrapped Bitcoin on Ethereum
Trade KBTC
vs

USDCA

$0.9997
USD Coin on Solana
Trade USDC

KBTC vs USDC — normalized performance, 2026-09-14 to 2026-11-13T12:15:58

100 — shared start
KBTC −11.8%  ·  USDC −0.04% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
KBTCUSDC
Price$69.83K$0.9997
Market cap$635.58M$8.80B
24h volume$3.08M all venues$17.80B all venues
Liquidity$7.04M$383.18M
FDV$484.06M$8.80B
Holders5,1495,248,202
Age (days)155—
Safety gradeBA

Where they differ

What the data says

KBTC

KBTC is Kraken's wrapped Bitcoin — the exchange's entry into the custodial-BTC field that BitGo's WBTC defined and Coinbase's cbBTC made a two-horse race. The deployment 0x73e0c0d45e048d25fc26fa3159b0aa04bfa4db98 is the Ethereum mint; our November 6, 2026 snapshot reads $7 million of tracked pool liquidity — real but thin against the incumbents' billions.

The honest framing is custody-shaped: a wrapped BTC is a claim on whoever holds the underlying coins, so Kraken's operational record and regulatory posture are the actual asset backing this token — same trust model as WBTC and cbBTC, different custodian. The spread between this read and the leaders' depth is the market's verdict on how much of that custody people want exposure to on-chain versus at the exchange itself.

Full KBTC safety read →

USDC

USDC is the dollar most of Solana actually trades in, and judging it takes a different lens than the one that works on memecoins. This is a centralized, fiat-backed stablecoin: Circle issues it, holds the reserves behind it, and publishes monthly attestations of those reserves. On Solana it lives at mint EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v, where the November 6, 2026 snapshot records about $8.8 billion of market capitalization, roughly 5.25 million holders, and around $383 million of tracked pool liquidity — the deepest dollar venue on the chain.

Here is the part that confuses people who learned token safety from rug-checkers: USDC's mint and freeze authorities are live, on purpose, permanently. Circle has to mint new USDC when dollars come in and burn it when they go out — that is what "backed" means mechanically — and it maintains the ability to freeze addresses to comply with sanctions and court orders, which it has used. On a memecoin, a live mint authority is the classic rug lever; on a fiat-backed stablecoin it is the product working as designed. The risk hasn't vanished — it has moved from an anonymous deployer to a regulated company, which is a trade most holders are knowingly making.

FAQ

Which is bigger, KBTC or USDC?

By tracked market cap: KBTC (Ethereum) measures $635.58M and USDC (Solana) measures $8.80B — dated snapshots, not a live feed.

Which is safer, KBTC or USDC?

On the contract checks we publish: KBTC (Ethereum) grades B and USDC (Solana) grades A. A grade is a structural check on the contract, not a promise about the asset.

How have KBTC and USDC performed over the shared window?

Between 2026-09-14 and 2026-11-13T12:15:58, the measured snapshots show KBTC at −11.8% and USDC at −0.04%.

More comparisons

KBTC vs EUROCSKY vs KBTCKBTC vs ENAKBTC vs AEROWBNB vs USDCUSDC vs CBBTCUSDC vs USDSUSDC vs STETH

The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-14→2026-11-13T12:15:58; a token with fewer measured points measures a shorter span inside it.

Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.