USD Coin

USDC is a safe stable coin launched in 2018. Though less popular than arch-rival and number one stable coin, Tether, USDC has not been involved in any major controversies and is managed by the people who run the second-largest cryptocurrency exchange, Coinbase. As a result, many people consider USDC a safer and more viable stable coin than others on the market.

The management of the USDC stable coin is centralized since they are backed by commodities and fiat currencies, meaning stable coins are not decentralized coins (a price to pay for their efficient stability). For this reason, USDC is sometimes seen by crypto purists as a far cry from the monetary decentralization promised by cryptocurrencies and a risk asset that could easily be sabotaged by shady controlling companies and malicious third parties.

Still, there is no way around stable coins except you are willing to overlook the extreme volatility of the crypto market. However, if you are willing to own a haven asset in times of trouble or right now, head over to Swapzone to buy or swap USDC with any crypto pair of your choice.

USDC is the second-largest stable coin by market cap. The stable coin runs on the Ethereum blockchain and can be easily added to a MetaMask wallet. However, to add USDC to MetaMask, you need to make sure you are on the Ethereum Mainnet network (by clicking on the network dropdown box) before you copy your contact address and import it as a custom token. After this is done, follow these steps below to complete the process:

1. Copy the unique USDC address from CoinMarketCap or Click on the MetaMask logo
2. Open your MetaMask wallet
3. Select the “import tokens” button
4. Paste your USDC address
5. You can now send and receive USDC tokens

Now that you have successfully added USDC to your MetaMask wallet, you can buy, sell or swap USDC for ETH of your choice at Swapzone. Head over to an exchange page to get started.

Recently, there has been an increased use of USDC, the second-largest stable coin by market cap, on the Polygon network. According to BSC station, a decentralized finance site, there are three major ways to obtain USDC on the Polygon network, namely:

• Withdraw from CEX that supports USDC Matic Network
• Swap from Matic on Polygon-supported DEX (Quickswap / Sushiswap)
• Bridge from USDC BEP-20 to USDC Polygon

BSC Station expatiates further on these three ways of buying USDC on Polygon on their page and you can check it out for more information. However, now that you know how to buy USDC on Polygon, you can head over to beginner-friendly Swapzone to trade or swap USDC and Matic at affordable rates.

You can receive USDC, the second-largest stable coin by market cap, on the popular non-custodial Metamask wallet. The stable coin powered by the Circle team runs on the Ethereum blockchain and can be easily added to a MetaMask wallet. To receive USDC to your MetaMask wallet, you need to make sure you are on the Ethereum Mainnet network before you copy your contact address and import it as a custom token. Follow the steps below to receive USDC into your Metamask wallet successfully:

1. Copy the unique USDC address from CoinMarketCap or Click on the MetaMask logo
2. Open your MetaMask wallet
3. Select the “import tokens” button
4. Paste your USDC address
5. You can now send and receive USDC tokens

You can top up your USDC balance on your MetaMask wallet from Swapzone. Also, you can buy, sell or swap USDC with any other cryptocurrency of your choice at Swapzone. Head over to our exchange page to get started.

Investing in the USD Coin can be likened to betting on the US dollar and the underlying circle company behind it. Because you can expect the USD Coin to stay stable regardless of what happens in the crypto market since it is fully backed up 1:1 with the USD, investors, especially outside the USA like to keep it in their portfolios as a store of value and hedge against their native national currency.

USD Coin (USDC) can be bought on almost every crypto exchange open to the public, but we advise you to do additional research before investing, and again, never invest more than you are willing to lose as you could never truly know Circle's reserve position.

Are you interested in buying or investing in USDC? Head over to user-friendly Swapzone to buy, sell, or swap USDC and more.

*Every investment decision involves the risk of loss. The content of this website is informational only and should not be considered investment advice.

USDC is a safe stable coin launched in 2018. The price of the USD Coin is pegged on a 1:1 basis with US dollars and backed by US dollar-denominated commodities and assets. As a result, the USD Coin price rarely changes, and if it does, just within a few cent difference. Users of USD Coin may exchange 1 USD Coin for an equivalent of US $1.00 or vice versa on any crypto exchange that lists the stable coin.

Currently, the circulating supply of USD Coin is about $50.98 Billion with a typical hold time of about 14 days. Now that you are more familiar with USDC and how its price system works, you can go one step further by heading over to our exchange page to buy, sell or swap USDC with any other cryptocurrency of your choice at Swapzone. You can get started by swapping USDC with BTC orETH, depending on your preference.