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.
For customers with a US dollar bank account, 1 USDC can always be redeemed for US$1.00, giving it a stable price.
Each USDC is backed by one US dollar, which is held in a bank account.
USD Coin is an Ethereum token, so you can store it in an Ethereum-compatible wallet, like Coinbase Wallet.
USD Coin is designed to let dollars move globally from your crypto wallet to other exchanges, businesses, and people.
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
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.