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USD Coin

USD Coin is a type of digital crypto currency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding USD Coin, create alerts, follow analysis and opinion and get real time market data.

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1 USDC =

$ 1.0011

-0.0002 -0.02%

07:09:41 - Real-time Data . ( Disclaimer )

Market Cap:

$55.80B

Circulating Supply:

USDC55.80B

Max Supply:

USDC0

Vol (24H):

$3.98B

Chg (7D):

-0.01%

Day's Range:

1.0011 - 1.0013

Investing.com Index

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USD Coin Analysis & Opinion

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James Marez Jun 28, 2022 5:54

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I strongly recommend anyone who needs a legit and profitable platform to invest his money and get paid without stress shoud kindly reach out Maryam she’s good on this. Face 📨book: 👉Maryam Harrison JasonWhatsAp: +1914 - 339 - 5413⬅️

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Neil Mitchell Apr 27, 2022 21:45

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Being a premium cryptocurrency earner, I have been able to create a good history with Mr.bill artoise Trade service, with his daily signals have made over $500k in 14days. I’d like to recommend him to newbies and current investors to take advantage of her program. Mr bill artoise Trade can be reached on I’m🆃🅴🅻🅴🅶🆁🅼@Billartoise

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Neil Mitchell Apr 27, 2022 21:44

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Being a premium cryptocurrency earner, I have been able to create a good history with Mr.bill artoise Trade service, with his daily signals have made over $500k in 14days. I’d like to recommend him to newbies and current investors to take advantage of her program. Mr bill artoise Trade can be reached on I’m🆃🅴🅻🅴🅶🆁🅼@Billartoise

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Hassan Muhammad Aug 10, 2021 11:52

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hassan Muhammad

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Uwalaka Aloy Emmanuel Apr 04, 2021 13:05

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alittle bit time to raise up

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ndmicheal nd Apr 04, 2021 13:05

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Good afternoon

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ndmicheal nd Apr 04, 2021 13:05

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grantosa my name is Michael and I'm trying to know how I can be able to beat Reading

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Leading Cryptocurrencies

Bitcoin $19,062.3 BTC -0.89%
Ethereum $1,060.12 ETH +1.35%
Tether $0.9993 USDT -0.03%
BNB $217.70 BNB +0.74%
Binance USD $1.0012 BUSD -0.01%

Electronic Energy Ongoing (1)
GrounderCoin Completed (500)

FAQ

What is USD Coin?
USD Coin is a fiat-backed digital currency created by Circle and managed by a consortium called Center. Pegged to the US dollar, the USD coin is the second most popular stablecoin after Tether. It has expanded its operations beyond the Ethereum network and is now available on several protocols, including Stellar, Algorand, Solana, Tron, and the Hedera Hashgraph network. Aside from Circle, other notable investors like popular US crypto exchange Coinbase and Bitcoin mining company Bitmain have vested interests in the USD coin. The coin serves as the payment rail for most crypto investors to access the decentralized finance (DeFi) ecosystem and the larger crypto market.
How to buy USD Coin
To buy USD Coin, you will have to open an account with any exchange that supports the stablecoin. The most popular option is to use Coinbase, where you can easily convert other cryptocurrencies to USDC. Once your account is created, you can go ahead and buy any amount of USD Coin you want. Remember that the USD Coin is pegged on a 1:1 ratio to the US dollar, so you won’t be getting more than the amount you put into it. Once you complete your purchase, you can leave it on the platform or send it to a private wallet. You can also consider using hardware wallets like Ledger Nano series or Trezor to keep your USD Coin safe.
Is USD Coin safe?
The questions surrounding fiat backing for stablecoins have led many to doubt the veracity of those behind stablecoins. However, the USD Coin is considered a safer option than Tether’s USDT for a few reasons. One of them is that USD Coin has not been involved in any legal battle with regulators; this contrasts with Tether, which is still currently sorting out its fiat reserves. Also, the Federal Deposit Insurance Commission (FDIC) has insured USD Coin accounts, which goes a long way to allay user fears about its service.
What is USD Coin used for?
Like most stablecoins, crypto investors use USD Coins as a payment rail to access the crypto market. Fiat is converted to digital assets, which are then used to buy and sell other cryptocurrencies. Aside from this, the USD Coin is meant to offer the feature of stability that other cryptocurrencies lack. Digital assets like Bitcoin are highly volatile; they may gain 20% in a day and lose much more a few days later. Digital currencies like USD Coin stem this volatile tide while enabling users to gain reasonable interests in their assets. An obvious feature is the ease of transfer. USD Coin can move from one wallet or user to another within a split second. This is ideal for users who want to send money overseas as they will get instantaneous feedback instead of waiting hours or days.
Who created USD Coin?
USD Coin was made by the tech company Circle and is currently managed by a consortium called Center. The project is backed by Coinbase, which also supports its purchase, and Bitmain. The USD Coin has since climbed up the ranks of stablecoins and is now considered a viable alternative to the controversial USDT coin.
How does USD Coin work?
USD Coin works with the standard regulatory protocol. Interested users must complete a know-your-customer (KYC) process to use USD coin. After this process is complete, they can link their bank account and transfer US dollars to your USD Coin account. You can also transfer back your USD Coin to your regular bank account