Cryptocurrency Q&A What is the difference between USD and USDC in Coinbase?

What is the difference between USD and USDC in Coinbase?

BitcoinWizardry BitcoinWizardry Wed Apr 02 2025 | 5 answers 1083
I'm trying to understand the difference between USD and USDC in the context of Coinbase. Specifically, I want to know how they differ in terms of their function, stability, and use cases within the crypto exchange platform. What is the difference between USD and USDC in Coinbase?

5 answers

SakuraSmile SakuraSmile Thu Apr 03 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services.

Was this helpful?

397
59
ZenMindfulness ZenMindfulness Thu Apr 03 2025
USDC is a digital currency issued by Circle, which boasts a full reserve of US dollars and their equivalents.

Was this helpful?

49
78
CryptoMagician CryptoMagician Thu Apr 03 2025
The creation of USDC aims to mirror the value of the US Dollar within blockchain technology.

Was this helpful?

232
69
CryptoPioneer CryptoPioneer Thu Apr 03 2025
USDC enables seamless transactions between individuals and businesses.

Was this helpful?

309
26
SakuraPetal SakuraPetal Thu Apr 03 2025
This digital dollar facilitates the sending and receiving of money without relying on intermediary financial institutions.

Was this helpful?

96
28

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts