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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.
31 Jul 2026 2 minute read 0 comments ChangeNOW $0.24
On July 21, Pavel Durov announced that Gram Wallet would be integrated into every Telegram client this summer. A non-custodial wallet with instant zero-fee transactions, reaching more than a billion users, has the potential to be a breakthrough momen...
30 Jul 2026 3 minute read 0 comments Heath Muchena $0.16
The easiest way to misunderstand Circle is to call it only a stablecoin company. Circle issues USDC, a digital dollar used across crypto exchanges, DeFi applications, payment networks and cross-border settlement. But the business underneath the token...
29 Jul 2026 3 minute read 4 comments PVM $0.58
The Man of Tomorrow series delves beyond surface highlights, offering a glimpse into my daily life! Bits on how I spend my time, lessons learned, and motivational insights to spark your ambition. Somewhere along the way, I realized something simple b...
22 Jul 2026 4 minute read 1 comment toldzmeg $0.31
Most conversations about crypto and gambling fixate on anonymity. That misses the more interesting shift. The thing actually changing online gambling is not privacy, it is the stablecoin, and specifically the arrival of USDC and USDT as the default...
18 Jul 2026 1 minute read 0 comments Keith Thuerk $0.26
Circle granted permission to form a bank On July 10th the USA OCC (U.S. Office of the Comptroller of the Currency) granted Circle National Trust to be created under Circle National Trust. OCC granted Circle the permission to form a bank, well not t...
16 Jul 2026 11 minute read 4 comments Crypto Strategist $0.13
Tomorrow is the first birthday of the GENIUS Act. Most crypto holders will not notice. That is a mistake. On July 18, 2025, the United States signed its first federal stablecoin law. The law came with a fuse attached: regulators had exactly one year...
15 Jul 2026 1 minute read 2 comments stuntdila $0.03
Guys, I'm thinking of joining Medium to write. But I have many questions about it. If you can answer them, I will highly appreciate it. You would say that I can find answers to these questions online. But my friends, most of the answers we get these...
11 Jul 2026 1 minute read 0 comments Wai Hin $0.03
Introduction I’ve been reading and writing on Publish0x for a while now, but everything changed for the better when I finally installed the new Publish0x App on my smartphone. Honestly, moving from a desktop browser to a dedicated mobile layout has c...
10 Jul 2026 1 minute read 0 comments Nubiwrites $0.01
I know you've seen plenty of "make money online" posts. Most of them are noise. These 3 are not. Real platforms. Real dollars. Nigerians are already on them getting paid. 1. Upwork 💼 The biggest freelance marketplace in the world. Writing, graphic d...
1 Jul 2026 4 minute read 0 comments ClaCucc $0.03
A designer I know finished a three-month contract for a client two time zones away and got paid the way she now insists on: a USDC transfer that landed in her wallet before she had closed the invoice tab. No wire form, no intermediary bank taking a c...
