Empowering institutions with access to USDC liquidity, digital asset storage and lending, with integration to the full suite of Circle products. Use your bank card, Apple Pay, or a bank transfer to purchase USD coin on our platform. Your USD coin will be transferred to your crypto wallet soon. Swap ETH to USDC at the best exchange rate with ChangeNOW. It’s an independent entity – founded by Circle and Coinbase – and is essentially in charge of governing USDC. The company holds U.S. dollars and equivalents in reserves backing USDC coins in circulation. It supervises the rules and regulations regarding the issuance and redemption of USDC. USDC is a representation of the U.S. dollar on the Ethereum blockchain.

Get involved in co-marketing initiatives, discuss partnerships, and be the first to know what’s new in USDC. // than to check the size of the code at that address. USDC is a fully collateralized US Dollar stablecoin developed by CENTRE, the open source project with Circle being the first of several forthcoming issuers. Lend at Hodl Hodl – Non-custodial P2P Lending, Borrow Crypto Instantly & Anonymously! Get Loan in 30secBorrow Stablecoins against your Bitcoin, control the collateral, no middle party and no collateral rehypothecation. Simply enter the amount of USD Coin you wish to convert to ETH and the conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other denominations, i.e. .1 USDC, .5 USDC, 1 USDC, 5 USDC, or even 10 USDC. Go to your XDEFI Wallet and add assets by clicking the + button in the bottom right. After your KYC verification is processed, you will receive this email. You can calculate/convert USDC from Ethereum to USD Coin converter.

What can I do to prevent this in the future?

Buy NMX token and stake with 115% APY on Nomiswap DEX Stake with 115% APYInvite your friends and get 20% from their Stake every day. tradeallcrypto – Buy over 350 tokens in seconds with fees as low as 0% 0% FEES Spot, futures, options, NFTs, savings, staking, and tradeallcrypto Card. After moving your USDC cross-chain , you’ll then need to use a swap platform to swap your Wormhole wrapped token into native USDC on Solana. Here is a tutorial on how to send USDC from Ethereum to Solana and using a swap platform to obtain native USDC. You are free to make as many transactions and exchange as much cryptocurrency as you need.

Exchange ETH for USDC on our platform or within the Changelly application. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at As more goods and services are tokenized, smart contract platforms will become fundamental building blocks of value exchange. Centre’s open-source and transparent stablecoin framework allows fiat to interact with smart contracts, giving developers a viable way to use real world currencies in blockchain applications.

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The price of USD Coin in other fiat and cryptocurrencies is based on the corresponding exchange rate of those currencies to the Ethereum. Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates. You can select between a fixed and a floating exchange rate. When you choose a fixed exchange rate, it remains valid for half an hour, which is enough to deposit funds and process a swap. Ethereumis not just the digital coins and opportunity to invest. It is also a blockchain based platform that allows you to conclude contracts, establishments and crowdfunding. ETH is a fresh currency – it was found in 2015 as a result of ICO and during it 60 million coins were distributed to investors, while 12 million stayed with developers. ChangeNOW is a versatile service that offers many different options to exchange Ethereum. We aim to provide a platform where users can manage all popular cryptocurrencies, exchange between them, and easily diversify their cryptocurrency portfolio. Before swapping coins, feel free to use our Ethereum to USD Coin calculator to see how many USDC you’ll receive.

However, certain assets like stablecoins, typically USDT/USDC, usually have various versions of the same asset in a blockchain. This is due to multiple wrappings from different bridges, which creates a problem both from a liquidity and UX perspective. USDC is among the very few stablecoins to have exhibited growth amid the fallout from UST. While its market cap receded 9.4% from the start of March through April, its capitalization quickly rebounded in early May as the panic surrounding algorithmic stable tokens ignited. To create an account you will need to agree to dYdX’s Terms of Use and Privacy Policy, and certify that you are not a resident of the United States. You also have the option to submit a username and email address to receive updates from the dYdX team. Before proceeding, you will need to deposit funds into your wallet to continue onboarding. According to a Twitter announcement, Coinbase users may soon be able to send and receive Ethereum , Polygon and USD Coin on Polygon over the upcoming month. For the first time, Coinbase has made it possible to send and receive these assets on an L2 or sidechain thanks to the Polygon integration.

All exchangers specified in the list provide the service of exchanging USD Coin to Ethereum automatically. You can use our instructions in the FAQ section if you have never exchanged electronic money at our site before and you come across any difficulties with the exchange process. A stablecoin issued on BitShares blockchain and backed by Euros . A stablecoin issued on BitShares blockchain and backed by USD. A stablecoin issued on BitShares blockchain and backed by Chinese Yuans . However, most of the other stablecoins also have similar clauses.

These are probably the best-known examples of stablecoins right now and the coins we’ve found useful when using dapps. If you’re new to Ethereum, we recommend doing some research first. USDC, on the other hand, has seen its supply increase by 13% since May 11 to 55.9 billion. If the trends continue, it could spell the end of Tether’s dominance in the stablecoin space.

After the deposit transaction is mined, 10 Ethereum network confirmations are required for your funds to be available to trade. You will see the status of your deposit in a notification on the top right of the page. You then enter the amount of USDC you want to deposit to your dYdX account. Then press “Confirm Deposit.” You must pay gas fees to confirm this transaction. Each time you visit the faucet you will receive a random amount of free Bitcoins.

Tether briefly depegged as holders raced to offload USDT, with Tether’s price dropping down to $0.95 on May 12. Circle, expanding beyond the Ethereum mainnet for the first time, is launching support for its USDC stablecoin on Polygon’s proof-of-stake chain, the company said today. USDC has surpassed USDT in terms of total supply on the Ethereum network, meaning there are more USDC on Ethereum than Tether. Users can deposit either USDC, or an array of other assets, which are then converted to USDC via 0x API’s on-chain liquidity. In order to counter the legalization of proceeds from crime and the financing of terrorism, exchange offices carry out AML checks of transactions received from customers. Some of the latest news surrounding the USDC project is about the level of control project creators retain over the stable cryptocurrency. Read more about dash calculator here. Apparently, the developers hold the right to blacklist addresses and freeze funds if there’s any suspicion that the USD Coins are used for illegal activities. USD Coin falls into the first, fiat-collateralized coins category, and is a centralized stablecoin. In general, all the projects within the same category work in a similar fashion and have only minor differences. The more outstanding ones are Tether , known for refusing to conduct a genuinely transparent audit, and Digix Gold , whose value is pegged to gold.

Black investors say crypto is still key to building wealth even as digital assets see steep sell

Purchase items in various crypto dApps, exchanges, and blockchain-based games. Circle is an official Money Transmitter, which makes the company an open financial book. Money Transmitters are US money service businesses that https://www.beaxy.com/buy-sell/drgn-btc/ must comply with federal laws and regulations. Before the issuance of USDC, the equivalent amount of USD is with one of Circle’s accredited partners. Consequently, all USDC tokens are regulated, transparent and verifiable.

TO FULFILL THAT ANALYSIS OF FURTHER FALL OF ETH PRICE – PERFECTLY. Registering for the trade history that our analysis was correct – we now predict that The fall of Ethereum WILL continue uninterrupted for THIRTEEN 13! Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels. Yahoo Finance’s Jared Blikre breaks down how markets ended the trading week. These reserve bank partners and compliance organizations ensure USDC checks and balances. Collaborate with developers from Circle, Coinbase and other Centre members in the USDC Discord community.

Users can deposit funds to their account by sending a Layer 1 Ethereum transaction through their wallet. Users will need ETH in their wallet to pay for gas fees to deposit funds. Every exchanger present on our website has been thoroughly checked before listing, and BestChange team constantly monitors their due performance. This increases safety of financial transactions in exchangers listed in the monitor. When choosing an exchanger, please pay attention to the reviews left by other users, the condition of the exchanger’s website, reserves, and the current status of the exchanger on our monitor. 2) The issuer sends a request to the USDC smart contract to exchange the tokens for USD and take an equivalent amount of tokens out of the circulation. Bringing US dollars on the blockchain allows moving them anywhere in the world within minutes, and brings much-needed stability to cryptocurrencies.

Below are the most popular denominations to convert to ETH. Academy Learn more about the world of cryptocurrency and how to use 3Commas to your benefit. You should consider whether you fully understand them and whether you can afford to take the high risk of losing your money. The content of Coin Insider does not constitute any type of investment advice. Simple steps to buy $ETH or other cryptocurrencies like $USDC by using fiat without ever leaving your XDEFI Wallet. Relying on the table data, the Ethereum to USD Coin exchange volume is $741,724,848.32. Ethereum Nov 10, 2021 had the highest price, at that time trading at its all-time high of $4,878.26. Yes, all USDC to ETH transactions are absolutely private. Once the deposit is done, your exchange will be processed automatically. USD coin is available on the Optimism layer 2 scaling product for the Ethereum network.