USDC company info

What does USDC do?
USD Coin (CRYPTO:USDC) is a stablecoin pegged to the US dollar at a 1:1 ratio. It is a fully backed stablecoin that holds US dollar asset reserves in regulated US financial institutions. USDC is compatible with a number of different blockchains, including Ethereum, Algorand, Solana, Stellar, and TRON. USDC is the second largest stablecoin ecosystem and the fifth largest cryptocurrency by market capitalization. It is used for a variety of purposes, such as portfolio balancing, hedging against volatility, pricing in fiat currency, fast international remittances, peer-to-peer (P2P) payments, and payment interoperability across different blockchains. In August 2023, Coinbase acquired a minority stake in Circle, the company that issues USDC. This acquisition is seen as a way for Coinbase to strengthen its ties to the stablecoin market. USDC has also entered a number of notable partnerships, including Visa, Mastercard, and Twitter.
USDC company media
Company Snapshot

How many people does USDC employ?


What is the market cap for USDC?

Market Cap

Where is the head office for USDC?

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Head Office
Boston, Massachusetts

What year was USDC founded?

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Year Founded
What does USDC specialise in?
/Arbitrum Ecosystem /Asset-Backed Stablecoin /BNB Chain /Coinbase Ventures Portfolio /Fantom Ecosystem /Hedera Hashgraph Ecosystem /Medium of Exchange /Moonriver Ecosystem /Optimism Ecosystem /Stablecoin /USD Stablecoin

What are the products and/or services of USDC?

Overview of USDC offerings
Fast international remittances: USDC can be used to send and receive money internationally quickly and cheaply.
Hedging against volatility: USDC can be used to hedge against the volatility of other cryptocurrencies.
Payment interoperability across different blockchains: USDC is compatible with a number of different blockchains, making it easy to move USDC between different exchanges and wallets.
Peer-to-peer (P2P) payments: USDC can be used to make peer-to-peer payments without the need for a third party.
Portfolio balancing: USDC can be used to balance a cryptocurrency portfolio by providing a hedge against volatility.
Pricing in fiat currency: USDC can be used to price goods and services in fiat currency, making it easier for businesses to accept cryptocurrency payments.