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USD Coin (USDC)

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About USD Coin

USDC is a fully collateralized US dollar stable coin. USDC is the bridge between dollars and trading on cryptocurrency exchanges.

The technology behind CENTRE makes it possible to exchange value between people, businesses and financial institutions just like email between mail services and texts between SMS providers.

ledger wallet

USD COIN History / Information / Buying / Staking

  • USD COIN HISTORY

    Launched in October 2018, USD Coin (USDC) is a fiat-collateralized stablecoin by the CENTRE consortium, a partnership between Circle and Coinbase created to develop price-stable crypto assets and network protocols.

  • HOW USD COIN WORKS

    USD Coin is a service to tokenize US dollars and facilitate their use over the internet and public blockchains. Besides, USDC tokens can be changed back to USD at any time. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract. Bringing US dollars on the blockchain allows moving them anywhere in the world within minutes, and brings much-needed stability to cryptocurrencies. Also, it opens up new opportunities for trading, lending, risk-hedging and more.

  • BENEFITS OF USING USD COIN

    Some of the benefits of using USD COIN are:

    STABILITY

    COMPATABILITY WITH DAPPS

    ALTERNATIVE TO TETHER

    TRANSPARENCY AND SECURITY

  • CAN YOU STAKE USD COIN

    You can stake USDCOIN on some of the bigger exchanges and Earn USDCOIN.

  • COINS SIMILAR TO USD COIN

    Direct competition to USD COIN which are considered similar coins are:
    TETHER TRUEUSD