USDC is a stablecoin that keeps its value around the 1 USD mark. Although its rate can fluctuate a bit, it maintains a 1:1 representation of the US Dollar on the Ethereum blockchain.
For more information about USDC, you can visit their website.
For a full list of the verification status needed for USDC transactions, please visit this article.
Buying and selling USDC works the same as buying and selling Bitcoin on the marketplace.
- Head over to the buy and sell pages to see the available USDC offers.
- You can also create your own USDC offers—just make sure you’re ID verified!
- You can also convert your Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) into USDC on your Noones Wallet. Check out this, this, and this article for more information.
USDT is an older and therefore more popular stablecoin but some believe that USDC is a more transparent one since its reserves are regularly reviewed by the US Securities and Exchange Commission (SEC).