• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
USD Coin logo

USD Coin

USDC
Official links
Tags
Near Protocol EcosystemFantom EcosystemArbitrum Ecosystem

News

SpaceX Conducts Bitcoin Transaction Worth $152 Million After Three-Year Hiatus

chest
SpaceX, owned by Elon Musk, executed a $152 million Bitcoin transaction, reactivating its wallet after a three-year pause.
user avatar

Giorgi Kostiuk

Bit Origin Announces Purchase of 40.5 Million Dogecoins

chest
Bit Origin made its first purchase of Dogecoin and announced the establishment of an institutional treasury for the cryptocurrency.
user avatar

Giorgi Kostiuk

Coolpad Establishes RWA Division for Real Estate Tokenization

chest
Coolpad has announced the launch of a new division focusing on tokenizing real estate, targeting properties in Shenzhen and Dongguan.
user avatar

Giorgi Kostiuk

Republicans Propose 7% SEC Budget Cut: Key Changes and Impacts

chest
House Republicans' budget plan proposes a 7% cut to the SEC budget. Discover how these changes may affect companies and cybersecurity regulations.
user avatar

Giorgi Kostiuk

What is USD Coin?

USD Coin (USDC) - a stablecoin, pegged to the US dollar on a one-to-one basis. The stablecoin appeared on a limited basis in September 2018. USD Coin - "digital money for the digital age", meant for a world where cashless transactions are becoming more common. Contents:

About the USD Coin (USDC) project

The USD Coin project consists of two founding members. One of the founders - the mutual payment services company Circle, and the other - the cryptocurrency exchange Coinbase.

Development of the coin defi company:

1 In 2020, Circle and Coinbase collectively announced a major upgrade to the USDC protocol and smart contract.
2 Circle and Coinbase also achieved regulatory compliance, which helped to bring the coin to the international market. Both projects are well funded, which gives the stablecoin certainty.

The goal of these improvements - to make it easier to use the US dollar coin for everyday payments, commerce and peer-to-peer transactions.

The uniqueness of the coin

The company's goal - to create an ecosystem, where USDC is accepted by as many wallets, exchanges, service providers and applications as possible. All USDC in circulation - ERC-20 tokens, found on the Ethereum blockchain. Also, transparency and giving users confidence that they can withdraw 1 USDC and receive 1 USD in return without any problems. Moreover, the amount of USDC that can exist is limitless. New coins are created, according to demand whenever someone wants to purchase them.

Where can I buy a USDC coin?

As you might expect, one of the most popular exchanges that offer USDC - Coinbase, given how the exchange was involved in the creation of this stablecoin. You can buy and trade USD Coins on:

  • Poloniex;
  • Binance;
  • OKEx;
  • Bitfinex.

Moreover, you can purchase coins on decentralized exchanges like Uniswap. People usually buy USDC with bitcoin.

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.