-0.50% Bitcoin (BTC) 91681.6 EUR

+0.23% Ethereum (ETH) 2091.59 EUR

+0.37% Litecoin (LTC) 72.8 EUR

+2.83% B-Cash (BCH) 427.34 EUR

+0.83% Ethereum (ETH) 0.0230381 BTC

+1.01% Litecoin (LTC) 0.00080295 BTC

+3.10% B-Cash (BCH) 0.00466014 BTC

+0.28% Bitcoin (BTC) 108349.7801 USDC

-0.84% USD Coin (USDC) 0.85 EUR

-0.96% Chainlink (LINK) 11.38 EUR

-0.42% Chainlink (LINK) 0.00012437 BTC

-2.63% Dogecoin (DOGE) 0.13 EUR

-1.93% Dogecoin (DOGE) 0.00000152 BTC

-2.62% Uniswap (UNI) 6 EUR

-2.70% Uniswap (UNI) 0.00006544 BTC

-3.21% Cardano (ADA) 0.48 EUR

-2.56% Cardano (ADA) 0.00000531 BTC

-0.70% Tron (TRX) 0.23 EUR

-0.38% Tron (TRX) 0.00000256 BTC

-2.17% Shiba Inu (SHIB) 0.00000989 EUR

-5.34% Zcash (ZEC) 34.83 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

-1.66% Basic Attention Token (BAT) 0.1 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

-2.73% Arbitrum (ARB) 0.3019 USDC

-0.25% Chainlink (LINK) 13.16 USD

+0.06% Chainlink (LINK) 13.22478 USDC

-2.04% Uniswap (UNI) 6.939 USDC

-4.09% Ondo (ONDO) 0.64 EUR

-3.42% Ondo (ONDO) 0.74831 USDC

-2.25% Gala (GALA) 0.01 EUR

-1.08% Gala (GALA) 0.01368 USDC

+3.19% Wormhole Token (W) 0.05 EUR

+3.39% Wormhole Token (W) 0.0639 USDC

-2.34% Chiliz (CHZ) 0.03 EUR

-1.68% Chiliz (CHZ) 0.0351 USDC

-3.66% Sand (SAND) 0.21 EUR

-2.62% Sand (SAND) 0.2453 USDC

-2.24% Aave (AAVE) 218.86 EUR

-1.48% Aave (AAVE) 256.4 USDC

-11.80% Curve DAO (CRV) 0.43 EUR

-11.01% Curve DAO (CRV) 0.5031 USDC

-4.37% Immutable X (IMX) 0.35 EUR

-2.13% Immutable X (IMX) 0.4116 USDC

-2.91% Synthetix Network Token (SNX) 0.5 EUR

-2.00% Synthetix Network Token (SNX) 0.586 USDC

0.00% Skale (SKL) 0.07 USDC

+5.12% Beam (BEAM) 0 EUR

+3.06% Beam (BEAM) 0.00538 USDC

0.00% Axelar (AXL) 1.05 USDC

-3.41% Livepeer Token (LPT) 4.83 EUR

-2.83% Livepeer Token (LPT) 5.662 USDC

-3.46% Compound (COMP) 39.02 EUR

-2.70% Compound (COMP) 45.69 USDC

-2.85% Yield Guild Games Token (YGG) 0.12 EUR

-1.36% Yield Guild Games Token (YGG) 0.1442 USDC

+1.16% Coti (COTI) 0.04 EUR

+1.60% Coti (COTI) 0.0507 USDC

0.00% Portal (PORTAL) 1.1 USDC

-0.90% Sushi (SUSHI) 0.51 EUR

-1.98% Sushi (SUSHI) 0.5885 USDC

-4.31% Pepe (PEPE) 0 EUR

-4.32% Pepe (PEPE) 0.00000952 USDC

-1.92% Optimism (OP) 0.46 EUR

0.00% Polygon (MATIC) 0.2 EUR

-1.42% Solana (SOL) 123.44 EUR

-1.39% Solana (SOL) 0.0013401 BTC

-1.09% Solana (SOL) 0.059551 ETH

-0.35% USD Coin (USDC) 0.73 GBP

0.00% USD Coin (USDC) 1 USDT

0.00% USD Coin (USDC) 145.58 JPY

USDCoin

What is USD Coin?

05-12-2021

USD Coin (USDC) is a type of cryptocurrency that is the world's leading digital dollar stablecoin. A stablecoin is a cryptocurrency that’s pegged to a single underlying asset. In the case of USDC, it’s pegged to a single asset: the US dollar. Digital dollars work like other digital content — they move at the speed of the internet and they are more secure and cheaper than already existing payment systems.

How does USDC work?

Every USDC token is backed with a single US dollar. The process of turning US dollars into USDC tokens is called tokenization.

Tokenizing USD into USDC is a three-step process:

Send USD to your bank account.
By using USDC smart contract you create an equivalent amount of USDC.
The newly minted USDCs are delivered to your account, while US dollars are held in reserve.

How to buy USDC?

Create an account
Verify your identity
Fund your account and start trading USD Coin on X1

What can I do with USDC?

Store/Hold USDC

You can hold on to your USDC with the expectation of it increasing in value, you can also store your Tokens safely on your account or in your crypto wallet.

Trade USDC

You can trade USDC for other cryptocurrencies.

Send USDC

You can send it to anyone and anywhere with their USDC address.

More from this category

USDC flips Tether on the Ethereum network

Circle’s USD Coin (USDC) has reached a major milestone by surpassing Tether (USDT) in total supply on the Ethereum network. USDC’s current supply on Ethereum as of writing is 40.06 billion...