USD Coin (USDC) is a stablecoin redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. The launch of USDC was powered by a collaboration between Coinbase and Circle through the co-founding of the CENTRE Consortium. Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available. The graph above reflects USDC’s current and historical redemption value of US$1.00, which may not match the price of USDC on other exchanges. Note: Coinbase only supports USDC running on Ethereum (ERC-20).
For customers with a US dollar bank account, 1 USDC can always be redeemed for US$1.00, giving it a stable price.
Backed by fully reserved assets
Each USDC is backed by one dollar or asset with equivalent fair value, which is held in accounts with US regulated financial institutions.
Powered by Ethereum
USD Coin is an Ethereum token, so you can store it in an Ethereum-compatible wallet, like Coinbase Wallet.
USD Coin is designed to let dollars move globally from your crypto wallet to other exchanges, businesses, and people.
How to get USDC Coin
Create or sign in to your Coinbase account
Convert USDC at a ratio of US$1.00 for 1 USDC with no fees
Send elsewhere or convert back into dollars on Coinbase