USD Coin (USDC)

494 Articles 358 Followers

USD Coin (USDC) is a stablecoin released by popular exchange Coinbase in collaboration with payments company Circle in 2018. Backed by the US Dollar on a 1:1 ratio, the token is an ERC-20 token that can be purchased on Coinbase’s platform. Coinbase has said that it chose the Ethereum protocol because of its smart contract capabilities and strong developer support. 

Like other stablecoins, it is intended to help traders overcome the volatility of the market. Coinbase has said that it is part of its mission is to “build an open financial system for the world”, and it does indeed allow anyone from across the world to purchase the stablecoin and use it for trading and various services.

Stablecoins often receive scrutiny relating to whether or not the issuing entity has enough reserves to back every token up, but Coinbase assures users that the holding accounts are closely monitored and audited. USD Coin is an example of a fiat-backed stablecoin, which is often what receives the greatest scrutiny. 

Having one very specific purpose, there is not much in the way of development news for USD Coin. Coinbase is however working on making it more widely available, including on more exchanges and services.


Stablecoins Don’t Have to Go Above $1 to Be More Valuable Than a Dollar

19 Aug 2025 2 minute read 5 comments PsalmistAllegro $0.15

The true value of stablecoins isn’t about whether they temporarily move above the peg. It’s about what they can actually do that a physical dollar cannot. A stablecoin is built to hold its peg at $1. That’s the point. One token equals one dollar in v...

The Truth About Stablecoins: Why “1-to-1 Backed” Isn’t Always What You Think

14 Aug 2025 2 minute read 0 comments Johnbull Myson $0.06

Every time a stablecoin issuer says their token is “1-to-1 backed,” it sounds reassuring. It gives you the impression that if you ever want to redeem your stablecoin for actual dollars (or whatever currency it’s pegged to), there’s always a matching...

New crypto whale buys $1.3B of Ether ahead of US inflation reports / US Inflation Data Fuels Fed Cut Bets, Boosting Crypto Market Sentiment / SharpLink Gaming shares dip after $400M deal to boost Ether holdings / USDC issuer Circle to launch Arc an EVM L1

12 Aug 2025 1 minute read 1 comment FreedomBuilder $0.04

A new whale buys $1.34B in $ETH outpacing record ETF inflows as markets await US CPI/PPI data.   Analysts say demand could push #Ethereum toward its $4,890 ATH despite profit-taking.   https://x.com/Adaminssane/status/1955270521307767087          US...

Are You Really Reading This… or Just Farming Crypto?

8 Aug 2025 1 minute read 13 comments Cryptodd $0.13

Let’s be honest. You’re here for the USDC, right? Maybe you read the title, clicked, scrolled a little—just enough to hit the system's "activity" threshold—and moved on to the next article. And hey, no judgment. It's smart. Efficient. You’re gaming t...

Your crypto can be frozen, even if you did nothing wrong

7 Aug 2025 2 minute read 3 comments Johnbull Myson $0.16

It’s one of those things you probably assume won’t happen to you, until it does. You’re careful. You avoid shady platforms.You don’t click random links. You’ve never touched stolen funds. But suddenly, you try to move your crypto and the transaction...

Challenge Time: What’s the best wallet to store your USDC?

7 Aug 2025 1 minute read 0 comments Cryptodd $0.02

Every dollar counts — especially in Web3. If you’re earning in USDC on Optimism or other L2 networks, you’ve likely asked yourself: "What’s the most efficient wallet to keep my USDC in... without watching it disappear in fees?" It's a real problem —...

USDC vs USDT: It's About Trust, Not Just Popularity

4 Aug 2025 1 minute read 2 comments Kenzoo $0.12

Stablecoins such as USDC and USDT are a crucial part of the crypto ecosystem. Both of them are used extensively in trading, DeFi protocols, and cross-chain transfers. But when it comes to long-term security and reliability, most market players—instit...

Crypto Is Going Mainstream And It’s Not Through Trading

3 Aug 2025 1 minute read 1 comment Myxoplixx $0.18

Crypto is quietly weaving itself into everyday life, not through wild trading charts or speculation, but through something far more practical: payments. What’s happening behind the scenes in 2025 is a powerful shift, and major players are driving it....

Reserve and Transparency Risk in Stablecoins

31 Jul 2025 2 minute read 1 comment Perfectionist25 $0.28

Stablecoins, simply defined as cryptocurrencies pegged to a fiat currency, usually the US dollar, are one of the fastest-growing areas of the crypto ecosystem. They are considered a "safe haven" by investors due to their price stability. The fundamen...

How Multi-Yield Strategies And Real-World Assets Are Transforming The Crypto Landscape

30 Jul 2025 3 minute read 2 comments Myxoplixx $0.13

The world of decentralized finance (DeFi) is undergoing a profound transformation, fueled by innovative yield models and the integration of real-world assets (RWAs) into tokenized ecosystems. This shift reflects an evolving understanding among market...