USD Coin ( USDC ) logo
USD Coin ( USDC ) logo

USD Coin ( USDC ) Price and Reviews

Expert Review
May 26, 2020

USD Coin (USDC) is a stablecoin pegged to the US dollar (1 USD Coin = $1). This currency was founded in 2018 by the American company Centre Consortium associated with Coinbase and Circle. The support of the experienced team helped this project to reach high positions by its market capitalization (USDC is one of the top 30 cryptocurrencies).

Each USDC is backed by one US dollar held by the company in a bank account. As USDC is an Ethereum-based token, it can be stored in the Ethereum-compatible wallets. The key feature of USDC is that it has the same value as USD but it requires no bank account, it doesn't charge high fees and works internationally. USDC is supported by several crypto exchanges and business enterprises.

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The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
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Related news
Country: International
Market cap: $ 2,900,747,364.1405
Supply: 2,900,747,364.1405
Price (USD): $ 1.0
Volume 24h: $ 9,312,818.53277
Change 24h: 0.0%
USD Coin ( USDC ) logo

USD Coin ( USDC ) Price and Reviews