What is USDC?

USDC is a digital dollar — a stablecoin that equals $1 USD. Unlike Bitcoin or Ethereum, USDC doesn't fluctuate in price. It's designed for sending, saving, spending, and investing dollars digitally, anywhere in the world, 24/7.

USDC offers fast global transfers in minutes instead of days, with fees typically under $1 compared to $30-50 for bank wires. You can earn yield of 3-5% APY through various platforms, protect your savings from local currency volatility, and transact 24/7 without banking hours or holidays.

Every USDC is backed 1:1 by cash and US Treasury bonds, with reserves verified monthly by independent auditors. It's issued by Circle, a US-regulated financial services company, and used by major institutions like Visa, Mastercard, and thousands of businesses. All reserves are transparent and publicly verifiable on-chain.

Bitcoin is volatile — an investment that fluctuates in price. USDC is stable — digital cash that stays at $1. Think of Bitcoin as gold (speculative) and USDC as dollars (practical).

USDC is a stablecoin, which is a digital asset designed to maintain steady value. It's fully backed by highly liquid cash and cash equivalents, and is 1:1 redeemable with US dollars. Once issued, you can send, receive, and hold USDC from just about anywhere in the world. It settles quickly and can be used by anyone with a compatible crypto wallet and an internet connection.

Yes. USDC can be converted back to US dollars at any time through exchanges and platforms that support USDC. Most major exchanges allow you to sell USDC and withdraw the funds directly to your bank account, typically within 1-3 business days depending on your withdrawal method.

There's no strict minimum for USDC itself — you can start with as little as $1. However, individual platforms may set their own minimums. Most popular exchanges and apps allow purchases starting at $1-10, making USDC accessible for users at any level.