What is USD Coin (USDC)?

USDC is a stable coin which follows the US Dollar, making 1 USDC always worth 1 actual US dollar. That makes it, like other stablecoins, more usable for real-life transactions than fluctuating coins like Bitcoin. USDC was created in a joint venture of Coinbase, the popular crypto exchange, and Circle, a finance company based in Boston. Coinbase is a publicly traded and officially regulated exchange, Circle’ backers include big institutions, like Goldman Sachs. USDC is full audited and 100% backed by US Dollars.
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USDC
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Cryptohunt's Opinion

Our take on USD Coin

Not all stable coins are built to be 100% stable, but USDC one of the better ones. They actually keep 100% of the value of issued coins in an audited, government-regulated reserve. This means that money invested in USDC is in theory safer than in Tether, its largest competitor. Also, being able to operate across multiple blockchains minimizes transaction costs for end users. Disclaimer: Coinbase, one of the creators of USDC, is an investor in cryptohunt.
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How do you feel about USD Coin?

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Listen to "What makes USD Coin special?"
Learn about USD Coin, a fully audited stable coin · 2 mins
What makes USD Coin special?
USD Coin is a powered by, uses to validate transactions, and is. USD Coin does not support.

Interesting facts about USD Coin

Here are some facts you may not already know about USD Coin. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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USDC is the second largest stable coin by market cap, behind competitor Tether.

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USDC is created by Coinbase and Circle, two large government-regulated institutions.

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USDC is 100% backed by cash, making it very stable, and gets audited monthly.

USD Coin reviews from the cryptohunt community

Dive deeper into the different opinions about USD Coin and learn how others feels about it.
USD Coin
Positive review
Review author avatar
Arndt
2 mo. ago

The more I think about stablecoins, the more I think USDC stands out as the only one I really trust. The thing for me is this: Most stablecoins are either downright shady (looking at you, Tether) or just hard to understand. With this one, at least, I know where the backing comes from: 100% US Dollars, in a government audited reserve. When I need to use a stablecoin, it's likely going to be USDC.

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USD Coin price and insights

See how much USD Coin is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 1 community reviews
0% feel totally fine about USD Coin today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
9,036
4% of them are active
# Telegram members
-
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like USD Coin, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
9,036
# Active Discord members
344
# Telegram members
-
# Active Telegram members
-

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