USD Coin (USDC)

What is USD Coin?

USD Coin is a USD-backed stablecoin from Circle and Coinbase. Circle is a new kind of global financial services company. A platform for individuals, institutions and entrepreneurs to use, trade, invest and raise capital with open crypto technologies. The ecosystem includes Poloniex exchange, the aforementioned USD Coin, Circle Pay for sending money and other products.

What are the USD Coin advantages?

• Stable value. For customers with a US dollar bank account, 1 USDC can always be redeemed for US$1.00, giving it a stable price.

• Global transactions. USD Coin is designed to let dollars move globally from your crypto wallet to other exchanges, businesses, and people.

• Transparency. Every month, the US dollar reserves for USDC are attested to by top 5 accounting services firm, Grant Thornton LLC.

• Backed by Circle and $250M in investments from Goldman Sachs, Baidu, IDG Capital and others.

How to store USD Coin?

USD Coin is an Ethereum token, so it can be stored in Ethereum-compatible wallets like Coinbase, Ledger, Trust Wallet, etc.

How to buy USD Coin?

USD Coin is available to buy, sell and trade on multiple exchange platforms like Binance, Coinbase, Poloniex, OKEx, KuCoin, Bitfinex and many others. You may always check the most relevant USD Coin price on CoinMarketCap.

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