USD Coin (USDC) is a digital dollar stablecoin and a child of Circle and Coinbase's consortium. According to Circle, USDC is issued by regulated financial institutions, backed by fully reserved assets and is redeemable on a 1:1 basis for US dollars (i.e. its price is always $1).

As a stablecoin, historically it has been less volatile than most other digital currencies. With USDC, you can transfer money across borders quickly and easily, without having to rely on any middleman.

Check out this article to choose the most convenient way to buy cryptocurrencies, including USDC.

NB: For USDC transfers, Cryptopay supports ERC-20 network only. All the funds sent via other networks (e.g. BEP-20 etc.) will be lost forever.


The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

Did this answer your question?