USD Coin (USDC) is another stablecoin that can be found within the Ccoins catalog. Its operation is very similar to that of other stablecoins backed by a physical currency such as the US dollar.
USD Coin was developed with the purpose of functioning as a digital currency emulating the function of the dollar within digital systems.
Like Tether, USD Coin works as a stable currency. Its value is tied to dollars deposited in a special bank account and permanently audited. Thanks to this, the value of a USD Coin will always be 1 dollar.
How do I acquire USD Coin on Ccoins?
Thanks to our intuitive platform, you can acquire your favorite cryptocurrencies, such as USD Coin, safely and quickly. On our P2P market, you can choose from hundreds of offers available 24 hours a day, or if you wish you can also create your own offer.
Do you have other cryptocurrencies but need USDC quickly?
If you have cryptocurrencies in your Ccoins account and you need to quickly acquire USDC, you can obtain it using our Flip tool. It will only take you a few seconds to acquire the currency you need.
Do you want to sell USDC as safely as possible on a P2P market?
On Ccoins, you can safely sell your cryptocurrencies. You can accept a sale offer from our P2P market or create your own sale offer with your conditions. Thanks to our Escrow system and Liveness Test, you will always be safe in each exchange.
Flip from USD Coin to other Cryptocurrencies?
If you urgently need some cryptocurrency but you only have USD Coin in your account, don’t worry. With Ccoins Flip, you can use the balance of your USDC wallet and convert it to the currency you want within the Ccoins catalog.
Sign up for Ccoins now! Join the Most Advanced Cryptocurrency P2P
Only in Ccoins, Buy and Sell your USD Coin at the best price through hundreds of offers in our P2P market or convert them to any of our seven available cryptocurrencies.
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Yes, of course. Businesses that have decided to adopt cryptocurrency payments for their products are very permissive in accepting cryptocurrency payments. Currencies like USDC are widely accepted in both physical and online stores, due to their stability.
The USDC is a stable token and is so named because it can operate on different blockchain networks and does not require a mining process. Instead, it is tied an asset, which keeps its value stable.
The USD Coin is categorized as a stable token because of its creation process. This process consists of tying a physical asset – in this case, the US dollar – to the token. USD is deposited into a strictly audited bank account, and only then can USDC be created. It is for this reason that USD Coin always maintains a value of 1:1 with the dollar.