The way digital money is supposed to work.
USDC is a digital dollar that’s available 24/7 and can move across the world in seconds. This means it’s possible to send money across borders as quickly as sending a text – and use that money immediately to pay for goods and services. With USDC, money is accessible whenever and wherever someone needs it.
Businesses around the world accept USDC.
There’s more to USDC than just transferring money or trading for bitcoin. Online retailers accept USDC for purchasing ergonomic home office chairs and desks. Popular marketplaces like NBA Top Shot enable users to buy NFT collections of rare basketball moments with USDC. USDC.homes is revolutionizing the home-buying industry by enabling their customers to get a mortgage with digital dollars.
A global connection to local communities.
Brands like MoneyGram and Bitso use USDC to enable their customers to send money across the world near-instantly and seamlessly convert it to local currencies in Latin America, Europe, Asia, Africa and more. Organizations like Endaoment empower people to send USDC directly to charities, bypassing red tape to help those that need help now.
Instant borrowing and lending.
The innovations of blockchain technology enable businesses to lend USDC directly to other parties without the need for intermediaries. Instead of waiting weeks to get a business loan, it’s possible to borrow USDC instantly and put capital to use in seconds.
See all the ways developers are building on USDC
Thousands of apps, dApps, and businesses around the globe support USDC today. Explore all the ways developers are building on USDC’s platform with our ecosystem catalog – and easily submit your project for users to discover.
Easily convert local currencies to USDC.
USDC is a fully-reserved stablecoin, which is a type of cryptocurrency (or digital asset). Unlike other cryptocurrencies that fluctuate in price, USDC is designed to maintain price equivalence to the U.S. dollar. USDC is a stable store of value that benefits from the speed and security of blockchain technology.
USDC is a fully-reserved stablecoin, which means every digital dollar of USDC is 100% backed by cash and short-dated U.S. treasuries. Circle holds these reserves in the custody and management of leading U.S. financial institutions.
Yes, it’s possible to hold as little as $0.000001 worth of USDC.