What is USDC?

Modified on Sat, 18 Feb 2023 at 05:16 PM

USDC or USD Coin is a stablecoin backed by the US Dollar in the ratio of $1:1USDC, ensuring that the coin's value remains constant at 1 USDC : 1 US Dollar.


USDC was launched on 28 September 2018 and is the brainchild of Circle Financial and Coinbase, to create a “Programmable Dollar” or US dollar that can be programmed so that entrepreneurs can plan their own businesses on the USDC network.


* The video is in Thai.
Resource: https://www.youtube.com/watch?v=BDfJxiq_RbU


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article