USDC USD Coin
Source: USDCUSD Chart by TradingView
USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the CENTRE consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. USDC is an Ethereum token and is the only stablecoin currently supported by Coinbase.
Dollar digital currency
From settling payments to making on-chain payouts, all supported blockchains are integrated into these funds flows and woven into our products. Tap into thousands of businesses, applications and developer communities with growing ecosystems that are building on top of the USDC standard for their protocol.
The ultimate standard
USDC is issued by regulated financial institutions, backed by fully reserved assets, redeemable on a 1:1 basis for US dollars and governed by Centre, the consortium that sets technical, policy and financial standards for USDC. USDC reserves are reviewed monthly and attested to by Grant Thornton LLP.
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All images, branding and wording is copyright of USD Coin. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView.