USDC
Asset Issuer
Circle
Asset Platform
Kraken
Asset Name
USDC
Asset Class
Stablecoin
Asset Type
Stablecoin
Asset Abbreviation
USDC
Asset Fraction Price
$1
Asset Fraction Yield
-
Asset Fraction Maturity
-
Min. Investment Size
$1
Asset Fraction Sale End Date
Asset
Valuation
74B
Category
Description
USDC is a digital dollar issued by Circle, also known as a stablecoin, running on many of the world's leading blockchains. Designed to represent US dollars on the internet, USDC is backed 100% by highly liquid cash and cash-equivalent assets so that it's always redeemable 1:1 for USD
Features
Circle developed USDC to usher in a world where the US dollar is accessible to businesses and people around the globe without needing a traditional bank account. Digital currencies like USDC inherit the speed, efficiency, and security of public blockchain networks to bring about transformative benefits:
- Open and programmable
- Globally accessible
- Available 24/7/365
- Instant settlement at low cost