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 US dollars
Each USDC is backed by one US dollar, which is held in a bank account.
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
1
Create or sign in to your Coinbase account
2
Convert USDC at a ratio of US$1.00 for 1 USDC with no fees
3
Send elsewhere or convert back into dollars on Coinbase
Frequently asked questions
How do I know USD Coin will hold its value?
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Why is a digital dollar beneficial?
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What does it mean to be a programmable dollar?
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Why did Coinbase participate in building USD Coin?
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Are USD Coins divisible to the cent like a dollar?
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Why is USD Coin an Ethereum token?
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How do I know if I’m eligible to earn rewards for USDC on Coinbase?
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Where you can trade USD Coin
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Where you can use USD Coin
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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.
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