USDC (USDC)
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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
Crypto Grows Up: Koreans Shift From Speculation to Strategy
Korean virtual asset investors show a clear preference for Bitcoin (BTC) as a primary holding, gradually diversifying into altcoins and stablecoins as they gain experience, according to a new study. Crypto Investors Typically Hold Two Coins A new study from…
Cardone Capital Adds 1,000 BTC to Balance Sheet
Real estate tycoon Grant Cardone’s private equity firm Cardone Capital announced a 1,000 BTC acquisition on Friday, June 27. The bitcoin (BTC) is worth more than $100 million at current prices and is part of Cardone’s foray into implementing a…
Tether Signs MoU to Advance Financial Inclusion in East Africa
Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with the Zanzibar…
Deutsche Bank to Launch Crypto Custody Platform in 2026
Deutsche Bank is preparing to enter the crypto custody arena in 2026, joining forces with Bitpanda and Taurus as the digital asset race accelerates across global finance. Germany's largest lender is reportedly advancing its move into the crypto sector by…
Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant
The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge…
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.