USDK company info

What does USDK do?
USDK (CRYPTO:USDK) is a US dollar-pegged stablecoin issued by Circle. It is a multi-chain stablecoin, meaning that it can be used on multiple blockchains. USDK is backed by real-world assets and is subject to regular audits. Circle is currently working on a number of projects related to USDK, including expanding the number of blockchains that USDK is supported on, developing new USDK-based products and services, and increasing the adoption of USDK by merchants and consumers. Circle's overall objective with USDK is to provide a global, stablecoin-based payment system that is accessible to everyone. Circle also aims to promote the adoption of blockchain technology and to make it easier for people to access financial services.
USDK company media
Company Snapshot

How many people does USDK employ?

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Employees
501-1000

What is the market cap for USDK?

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Market Cap
$24.58M

Where is the head office for USDK?

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Head Office
Boston, Massachusetts

What year was USDK founded?

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Year Founded
2018
What does USDK specialise in?
/Asset-Backed Stablecoin /Medium of Exchange /Stablecoin

What are the products and/or services of USDK?

Overview of USDK offerings
Convert USDK to other currencies: USDK holders can use their tokens to convert USDK to other fiat currencies or cryptocurrencies. USDK offers competitive exchange rates and low fees, making it a convenient way to convert USDK to other currencies.
Earn interest on USDK: USDK holders can earn interest on their tokens by lending them to borrowers on DeFi platforms. USDK interest rates vary depending on the platform and the current market conditions, but they can be a good way to earn a passive income on USDK holdings.
Pay for goods and services with USDK: USDK holders can use their tokens to pay for goods and services at merchants that accept USDK. USDK is accepted by a growing number of merchants, including online retailers, restaurants, and travel agencies.
Send and receive payments in USDK: USDK holders can use their tokens to send and receive payments in USDK. USDK is supported by a wide range of wallets and exchanges, making it a convenient and accessible way to send and receive payments.
Store value in USDK: USDK can be used to store value in a stable and secure way. USDK is pegged to the US dollar, so its value is relatively stable over time. USDK is also backed by real-world assets and is subject to regular audits, making it a safe and secure way to store value.
Use USDK in DeFi applications: USDK can be used in a variety of DeFi applications, such as decentralized exchanges (DEXes), lending platforms, and yield aggregators. This allows USDK holders to participate in the DeFi ecosystem and to earn additional yields on their tokens.