Is a type of cryptocurrency that is pegged to the value of the United States dollar. USDC is a stablecoin that can be used to trade cryptocurrencies without the volatility risk typically associated with digital assets.
USDC is an ERC-20 token, meaning it is built on the Ethereum blockchain. USDC was created by Circle and Coinbase, two major companies in the cryptocurrency space. USDC is fully backed by dollars held in reserve, and each USDC token is equal to one dollar.
USDC can be used to purchase goods and services, or traded on cryptocurrency exchanges like any other digital asset. However, due to its stability, USDC is also popular for trading pairs with other cryptocurrencies, as it can help to offset the volatility of the market.
USDC is one of the most popular stablecoins in the cryptocurrency space, and its use is growing rapidly. As more people and businesses begin to adopt cryptocurrency, stablecoins like USDC will play an important role in helping to stabilize the market.
USDC Price
The price of USDC is pegged to the value of the US dollar, meaning it is always equal to one dollar. This makes USDC a stablecoin, as its value is not subject to the volatility that is common in the cryptocurrency market.
USD Coin (USDC)
USDC to USD Chart
The chart above shows the price of USDC in USD. As you can see, the price of USDC is always equal to one dollar.
USDC Use Cases
One of the main use cases for USDC is to trade cryptocurrencies without the volatility risk typically associated with digital assets. USDC is also popular for trading pairs with other cryptocurrencies, as it can help to offset the volatility of the market.
USDC is also becoming increasingly popular with businesses and organizations as a way to accept payments in cryptocurrency without having to worry about volatility. For example, a business could accept USDC for goods or services, and then immediately convert it into USD if they wished, without having to worry about the value of USDC changing.
USDC to Currency Converter
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BLTG CODI BNF MELO LUD TOX MFX SHMN PPR UMI CPOO BABL VGR ZPAE ID HODL INTU PALG DGE EGG RIGEL DATX FTML FLOOF KMX QUACK SOLAB XSR ZTC DEGEN SCSX BAKECOIN PANIC SWARM ASH BOUNTIE WAV EDAO BACON BRTR FAB PMD YODE WDC SPICE WGMI GUESS LEONIDAS SMS SLNA FAST NAXAR EQZ KITTY GRFT TERA RNBW ARTR 1SP SOLACE KERMIT FROGEX MFTU
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USD AFN AED ALL AMD ANG AOA ARS AUD AWG AZN BAM BBD BDT BGN BHD BIF BMD BND BOB BRL BSD BYN BYR BTC CLF BTN BZD CHF CUC CAD CRC CLP DKK CUP CNY DJF ETB DOP CVE ERN GEL EUR GBP GBX DZD GNF GMD GGP FJD HRK HNL GTQ IMP GHS ILS ILA HTG JEP ISK INR KGS GYD KES BWP JMD HUF KRW KWD KHR LKR LBP IQD CDF KYD LYD LVL COP MMK JOD LRD MKD KMF MVR CZK MAD MUR KZT MNT EGP MZN NAD LSL FKP MWK NPR NZD GIP MDL NGN PHP HKD MOP OMR PGK RON IDR PKR MXN SBD QAR NIO RSD IRR SAR SHP SCR JPY PAB SLL SGD SVC PLN KPW SYP STD TMT RUB LAK TND TJS TWD SDG LTL TZS TTD UYU SOS USD USX UZS MGA WST VUV XAF MRO XDR SZL XCD TOP MYR ZMK UAH ZAR ZAc XOF NOK VEF ZMW XAG PEN XPF PYG ZWL RWF SEK SRD THB TRY UGX VND XAU YER SLE VES
Conclusion
USD Coin is a type of cryptocurrency that is pegged to the value of the United States dollar. USDC is a stablecoin that can be used to trade cryptocurrencies without the volatility risk typically associated with digital assets. USDC is also becoming increasingly popular with businesses and organizations as a way to accept payments in cryptocurrency without having to worry about volatility.
