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View ChartDollar on Chain (DOC) is a Bitcoin-collateralised stablecoin issued on the Rootstock (RSK) network, designed to maintain a 1:1 peg with the US dollar. It is described as a token that provides stability within the crypto world as a dollar-pegged, Bitcoin-backed stablecoin. DOC is the first stablecoin to use bitcoin as collateral, with the peg guaranteed by smart contracts rather than by a centralised bank account. The project is developed by the Money On Chain team and launched its Alpha version on Dec. 12, 2019, following eleven months of simulations, testing, and two audits. DOC runs on the Rootstock network, a Bitcoin sidechain that combines Bitcoin's proof-of-work security with Ethereum-compatible smart contract functionality. The total supply stands at approximately 2.87 million DOC according to CoinMarketCap and Crypto.com, with a self-reported circulating supply of 2.87 million DOC. The protocol also includes a second token, BitPRO (BPRO), which is designed for Bitcoin holders seeking passive income.
Dollar on Chain was developed by the Money On Chain team, a group focused on creating decentralised financial services. The project is led by CEO and co-founder Max Cajurzaa, who stated that the Money On Chain protocol enables other projects to develop lending, credit, and advanced trading for Bitcoin holders. Diego Gutiérrez Zaldívar, cofounder of Rootstock, also commented on the project, describing the creation of Bitcoin-backed local currency representations as the first use case envisioned when Rootstock was developed. The development team is described as being led by individuals who follow a strict development protocol prioritising stability, robustness, and immutability. The protocol underwent eleven months of simulations, testing, and two audits before its Alpha launch.
DOC operates on the Rootstock network, which enables smart contracts on top of Bitcoin. Rootstock is described as the first, biggest, and longest-lasting Bitcoin sidechain, combining Bitcoin's proof-of-work security with Ethereum's smart contract capabilities. It is open-source, EVM-compatible, and secured by over 60% of Bitcoin's hashing power. The Money On Chain platform is decentralised and secured by Bitcoin miners, with none of the collateral held in a bank account. All collateral is held using smart contracts that run on the Rootstock network. The peg of 1 DOC to 1 USD is guaranteed by these smart contracts. The protocol comprises two tokens: Dollar on Chain (DOC) and BitPRO (BPRO). Users can access the web application using Nifty and Metamask wallets, and a metrics panel allows any user to view all liquidity on the platform.
DOC distinguishes itself as the first stablecoin to use bitcoin as collateral, providing a stable and uncensorable token for crypto transactions. It is positioned as a safe haven from Bitcoin volatility, simplifying many types of transactions. For example, a Bitcoin holder wanting to buy property can hold stable assets collateralised on Bitcoin without counterparty risk during the financing process. Money on Chain's stated vision is to create a world where transactions are instant, cost-efficient, and free from the volatility of cryptocurrency markets, with frictionless international trade allowing individuals and companies to use the Bitcoin blockchain without facing volatility risks. The project aims to bring stability to the Bitcoin world by combining decentralisation, security, and immutability of Bitcoin with the stability of traditional fiat. Money on Chain is described as a major launchpoint of a Bitcoin-backed DeFi ecosystem.
DOC serves multiple purposes within the Bitcoin and Rootstock ecosystems. It enables Bitcoin holders to hedge against volatility while retaining exposure to the Bitcoin network. It supports the creation of DeFi services for the Bitcoin ecosystem, including lending, credit, and advanced trading for Bitcoin holders. DOC simplifies transactions such as buying property while holding stable assets collateralised on Bitcoin without counterparty risk. The second token of the protocol, BitPRO (BPRO), is specifically designed for Bitcoin holders to earn passive income on their coins. BPRO holders receive a percentage of platform-collected fees, an interest rate, and a small leverage on the price of Bitcoin. Together, DOC and BPRO form the core of the Money on Chain protocol, providing both stability and yield opportunities for Bitcoin holders.
The Money on Chain ecosystem is built on the Rootstock network, which is described as the first and longest-lasting Bitcoin sidechain. Money on Chain is positioned as a major launchpoint of a Bitcoin-backed DeFi ecosystem on Rootstock. The protocol comprises two tokens, DOC and BPRO, which work together to provide stability and passive income opportunities. Users can access the web application through Nifty and Metamask wallets, and a metrics panel provides transparency into platform liquidity. The project launched its Alpha version on Dec. 12, 2019, after extensive simulations, testing, and two audits. On Aug. 3, 2020, Money on Chain published a document titled "Dollar on Chain: A stablecoin for bitcoiners, by bitcoiners," describing DOC as the first stablecoin that uses bitcoin as collateral. The ecosystem continues to develop as part of the broader Rootstock and Bitcoin DeFi landscape.
DOC is not mined through traditional proof-of-work or proof-of-stake mechanisms. Instead, DOC is a stablecoin minted through the Money on Chain protocol on the Rootstock network. The platform is decentralised and secured by Bitcoin miners, with all collateral held in smart contracts. The peg of 1 DOC to 1 USD is maintained by the protocol's smart contract system. BitPRO (BPRO), the second token of the protocol, allows Bitcoin holders to earn passive income through multiple revenue streams, including a percentage of platform-collected fees, an interest rate, and a small leverage on the price of Bitcoin. Users interact with the protocol through compatible wallets such as Nifty and Metamask to access the web application and manage their DOC and BPRO holdings.
To keep DOC safe, users should use compatible wallets such as Nifty and Metamask to access the Money on Chain web application. Since DOC operates on the Rootstock network, users should ensure their wallet supports RSK-based assets. All collateral is held in smart contracts on the Rootstock network, which is secured by over 60% of Bitcoin's hashing power. Users should verify contract addresses through official sources and the Rootstock explorer at explorer.rootstock.io. As with any cryptocurrency, investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of capital. Investors must independently assess their financial capacity and are encouraged to consult professional advisors. Keeping private keys secure, using hardware wallets where possible, and verifying all transaction details before signing are essential practices for protecting DOC holdings.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for DOC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Dollar on Chain (DOC) is ₹97.592799. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated DOC to USD rate at the top of BTCC’s price page. In terms of market scope, Dollar on Chain records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹28.033574Cr. Its current circulating supply stands at -- out of a maximum supply cap of 28.72L.
The price volatility of Dollar on Chain (DOC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (28.72L), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Dollar on Chain (DOC) hit an all-time high (ATH) of ₹431.853571 on 2026-05-19 19:35, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹73.342283 on 2023-07-18 19:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading DOC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s DOCUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Dollar on Chain, simply log into your BTCC account with USDT margin available, navigate to the DOCUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for DOCUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹97.592799), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for DOCUSDT with zero financial risk.
Trading Dollar on Chain (DOC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for DOCUSDT, and review its live price (₹97.592799) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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