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USD Coin - USDC is a stablecoin that was created as part of the cooperation of three organizations: Center, Circle and Coinbase. USDC aims to minimize fluctuations in value, and thus the convenience of using this coin in daily interactions with the cryptocurrency market. This system is designed in such a way that each USDC unit represents the value of one US dollar (USD) and is permanently linked to it.

USDC runs on Ethereum, which is a decentralized, programmable blockchain that enables developers to create a huge variety of decentralized applications and tokens. USDC was created to be a highly effective form of digital money that would not be subject to significant fluctuations in value during the execution of transactions. The use of the Ethereum ERC20 protocol means that international transfers in USD coins only take a few minutes.

The USDC is collateralised by US dollar denominated assets with a value at least equal to the value of USDC in public circulation. All funds that secure the value of USDC are held in segregated accounts with US regulated financial institutions.


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