USDC (USDC)
Loading...
Loading...
About USDC
USDC is a digital stablecoin pegged to the U.S. dollar. Each USDC is backed by one dollar held in reserve, ensuring its value stability. Issued by regulated financial institutions, USDC is used widely across the crypto ecosystem for trading, lending, and remittances. With its focus on transparency and regulatory compliance, USDC aims to provide a reliable digital currency solution.
Convert Fiat to USDC
News
Blackrock Discusses Bitcoin as Strategic Asset Too Risky Not to Own
Bitcoin is flipping the institutional narrative as Blackrock warns it's no longer about risk exposure—but the greater risk of missing out on crypto’s unstoppable financial ascent. Blackrock Pushes Bitcoin Into Spotlight: Could Be Too Risky Not to Own Any in…
Nigeria Customs Pilots Electronic Currency Declaration at Abuja Airport
The Nigeria Customs Service (NCS) has successfully piloted its Electronic Currency Declaration Form (E-CDF) at Nnamdi Azikiwe International Airport in Abuja, as part of its digital transformation efforts to enhance border security and financial disclosure transparency. The pilot, which began…
Report: South Korea to Allow Free Crypto Trading for Non-Profits, Exchanges in June
Beginning in June, South Korean nonprofit organizations and virtual asset exchanges will be permitted to trade digital assets freely. Exchanges can sell virtual assets under strict regulatory conditions to prevent conflicts of interest and minimize market impact. Promoting a Sound…
Coinbase Quietly Holds 2.7 Million Bitcoin Under Management, Worth About $261 Billion
Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase…
Latam Insights: Strategy Rises in Brazil; El Salvador Continues to Buy Bitcoin
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, Oranje rises as Latam's Strategy's copycat, El Salvador will continue to buy bitcoin despite the…
Frequently Asked Questions about USDC
What is USDC?
USDC is a digital stablecoin that is pegged to the U.S. dollar, meaning that each USDC is backed by one dollar held in reserve.
How does USDC work?
USDC is issued by regulated financial institutions and is backed by fully reserved assets. It is used primarily in the cryptocurrency market for trading, lending, and remittances.
What makes USDC unique?
USDC is known for its transparency and regulatory compliance. Each USDC is regularly audited, ensuring that the total supply is always backed by an equivalent amount of U.S. dollars.
Where can I buy and trade USDC?
USDC is available on many major cryptocurrency exchanges and can be traded against other cryptocurrencies and fiat currencies.
What are the benefits of using USDC?
USDC provides the stability of the U.S. dollar while enabling the advantages of digital currencies, such as fast transactions and lower fees.
How can I store my USDC securely?
USDC can be securely stored in any wallet that supports ERC-20 tokens, including hardware wallets and software wallets.
What is USDC staking?
Some platforms allow users to earn interest on their USDC holdings by staking or lending them, providing an opportunity for passive income.
Is USDC a good investment?
As a stablecoin, USDC is not typically seen as an investment asset but rather as a tool for stability in the volatile cryptocurrency market.