Introducing USD Coin (USDC) - Stablecoin by Coinbase
A cryptocurrency with a stable priceWhat is USD Coin?
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. On Coinbase, eligible customers can earn rewards for every USD Coin they hold.
Stable value
For customers with a US dollar bank account, 1 USDC can always be redeemed for US$1.00, giving it a stable price.
Backed by fully reserved assets
Each USDC is backed by one dollar or asset with equivalent fair value, which is held in accounts with US regulated financial institutions.
Powered by Ethereum
USD Coin is an Ethereum token, so you can store it in an Ethereum-compatible wallet, like Coinbase Wallet.
Global transactions
USD Coin is designed to let dollars move globally from your crypto wallet to other exchanges, businesses, and people.
How to get USD Coin
Create or sign in to your Coinbase account
Convert USDC at a ratio of US$1.00 for 1 USDC with no fees
Send elsewhere or convert back into dollars on Coinbase
Frequently asked questions
Where you can trade USD Coin
Where you can use USD Coin
Powered by CENTRE
USDC is the brainchild of CENTRE, an open source technology project bootstrapped by contributions from Circle and Coinbase. This organization will be responsible for governing USDC and is dedicated to connecting every person, merchant, financial institution and currency, everywhere. Learn more about CENTRE.
