What is USDC?

Symbol: USDC · Market cap rank: #6

Short answer

USDC (USDC) is a cryptocurrency currently ranked #6 by market capitalisation. It is classified as Stablecoin.

Source: isthiscoinascam.com

Overview

USDC is a fully collateralized stablecoin pegged to the US dollar. It serves as a medium of exchange between traditional currency and cryptocurrency trading on various platforms.

The project was founded by the CENTRE consortium, which facilitates the transfer of value among individuals, businesses, and financial institutions. The architecture allows smooth transactions that aim to minimize economic barriers, fostering a more inclusive global economy.

Launched: 2018

Headquarters: Boston, USA

Scam-risk analysis

USDC is rated AA on isthiscoinascam.com. Is USDC a scam?

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