What is USDC on Coinbase?

USDC, or USD Coin, is a stablecoin pegged 1:1 to the US dollar (1 888 371 8015). It provides a secure and stable option for transferring value on the blockchain. You can use USDC for trading, payments, and earning interest through Coinbase features like staking.

USDC is particularly popular among traders and businesses because of its price stability. Unlike traditional cryptocurrencies, USDC minimizes volatility, making it ideal for converting funds without worrying about price fluctuations.