Convert USD Coin to CoW Protocol (USDC → COW)

Swap USDC on Ethereum to COW on Gnosis Chain — no bridges, no delays. Powered by NEAR Intents.

Swap USDC to COW

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USDC to COW rate today

1 USDC ≈ 6.29 COW and 1 COW ≈ 0.159 USDC, based on market prices at 2026-09-22 09:42 UTC. The quote in the widget above is what you actually receive, fees included.

TokenPrice24h
USD Coin (USDC)$0.9998+0.00%
CoW Protocol (COW)$0.1589-0.07%

How to convert USD Coin to CoW Protocol

Converting USDC to COW on NEAR Mobile Swap is done in three simple steps through the NEAR Intents protocol: Deposit, Swap, and Withdraw.

Step 1 — Deposit USDC from Ethereum
Go to the Deposit tab and select USD Coin (USDC) on Ethereum. The widget will generate a deposit address (or QR code) — send your USDC there from any wallet. Once the deposit is confirmed on Ethereum, your USDC balance appears inside NEAR Intents.

Step 2 — Swap USDC to COW on NEAR Intents
Switch to the Swap tab, pick USDC as the source and COW as the target. Enter the amount and confirm — solvers compete to fill your order and the swap settles in seconds.

Step 3 — Withdraw COW to Gnosis Chain
Finally, go to the Withdraw tab. Select CoW Protocol (COW) from your NEAR Intents balance and choose Gnosis Chain as the destination. Enter an address from any EVM wallet such as MetaMask or Rabby and confirm.

⚠ Important: When entering a withdrawal address, make sure it is a personal wallet you control. Some centralized exchanges do not support receiving funds from smart-contract-based deposits — sending to an exchange address may result in lost funds.

About the USDC → COW swap

This is a cross-chain swap: your USDC leaves Ethereum and COW arrives on Gnosis Chain. Normally that takes a bridge plus a DEX, or a centralized exchange account. With NEAR Intents the deposit, swap and withdrawal happen in one flow, and what lands in your wallet is COW on Gnosis Chain, not a wrapped copy you have to bridge again.

Swapping USDC to COW is how you buy CoW Protocol with US dollars you already hold on-chain: you pay in a stablecoin and receive COW directly on Gnosis Chain.

About USD Coin and CoW Protocol

What is USD Coin (USDC)?

USDC is a US dollar stablecoin issued by Circle, first launched in September 2018 through the Centre consortium that Circle founded with Coinbase. Circle now manages the token directly, and USDC is issued natively on a range of blockchains, with Ethereum among the largest.

Type
Fiat-backed stablecoin
Launched
2018
Consensus
Inherits the consensus of each host blockchain
Max supply
No fixed cap (minted and redeemed on demand)
Swap network
Ethereum
Sector (Messari)
Stablecoins
USD Coin official site ↗Sector classification by Messari ↗

How USD Coin works

Each USDC is meant to be redeemable for one dollar, and Circle mints or burns tokens as institutional customers deposit or withdraw funds. Reserves are held in cash and short-dated US government obligations, largely through a dedicated fund, and Circle publishes regular reports on their composition.

What USDC is used for

USDC is widely used for settlement and payments, both in crypto markets and in business transfers that benefit from moving dollars at any hour. In decentralized finance it serves as a common unit for lending, liquidity pools and trading.

USDC supply

Supply is elastic: USDC is created when dollars are deposited and destroyed when it is redeemed. Circle aims to keep reserves equal to or greater than the amount of USDC in circulation.

Before you swap USDC

The widget defaults to USDC on Ethereum, but the same token also lives on Solana, NEAR, Base and other chains, so select the network your wallet actually uses. Beware of bridged versions with similar names, which are not the same as natively issued USDC.

What is CoW Protocol (COW)?

CoW Protocol grew out of Gnosis Protocol, and its token launched in early 2022 when CoW DAO was spun off from Gnosis. The name refers to 'coincidence of wants', the moment two traders' orders can be matched directly.

Type
DEX protocol governance token
Launched
2022
Consensus
Runs on Ethereum and Gnosis Chain
Max supply
1 billion at genesis, up to 3% yearly inflation
Swap network
Gnosis Chain
CoW Protocol official site ↗

How CoW Protocol works

Users sign orders expressing what they want to trade; competing solvers then settle them in batches at uniform prices, matching opposite orders peer-to-peer and routing the rest through on-chain liquidity. This design protects traders from front-running and sandwich attacks. The DAO also operates CoW Swap and MEV Blocker.

What COW is used for

COW holders vote on CoW DAO proposals, and solvers that settle batches post bonds that include COW. The token also trades on Ethereum and Gnosis Chain venues.

COW supply

The genesis supply was 1 billion COW; the token contract allows the DAO to mint at most 3% additional supply per year if governance approves it.

Before you swap COW

Here COW is delivered on Gnosis Chain, where fees are paid in xDAI, not ETH. If you need it on Ethereum, bridge it separately after the swap.

Looking for the reverse?Convert COW to USDC →
More swaps:All USDC pairs →All COW pairs →

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USDC to COW: frequently asked questions

What to know before swapping USD Coin for CoW Protocol

Deposit USDC from Ethereum into NEAR Intents, swap it for COW, then withdraw COW to your wallet on Gnosis Chain. The widget on this page walks you through all three steps and shows the exact amount you will receive before you confirm.