Send and receive USD Coin (USDC) quickly with the Funex Pro wallet
Store your USD Coin (USDC) with the most secure and the best crypto wallet i.e., Funex Pro wallet
A stablecoin that is tied 1:1 to the dollar is called USD Coin (abbreviated USDC). Every unit of this cryptocurrency in use is backed by $1 in reserves, which are stored in a combination of short-term US Treasury bonds and cash. According to the Centre consortium, the issuer of this asset, USDC crypto is a licenced financial institution.
In September 2018, the stablecoin had a restricted initial release. Simply said, USD Coin's tagline is "digital money for the digital age," and the stablecoin is created for a society where cashless transactions are more prevalent.
One USDC may always be redeemed for one US dollar for consumers with US dollar bank accounts, maintaining a consistent pricing. With USD Coin, you may transfer money from your cryptocurrency wallet to other exchanges, companies, and individuals anywhere in the world.
Funex is loaded with a wide variety of features, some of which include gaming, betting, trading, holding, and long-term investing, among many others. Let us understand each of them in detail.
Gaming- The blockchain-based games provided by Funex Club are widely considered to be the most enjoyable currently available. The Funex Games are carefully designed by a group of experienced professionals in the gaming industry using modern and advanced equipment.
Betting- Funex is going to launch a new world which is Metaverse in which you’ll get various games. Games will include various functions such as betting, purchasing, and many more.
Trading- Trading in Cryptocurrency is an amazing way of investing for the future. It is going to be the trend that will definitely bring so many rewards and make it easy for everyone to use the currency without the involvement of others. With Funex, you can Buy and sell different types of cryptocurrency.
Holding- In Cryptocurrency you get a feature of holding coins which generally means you can lock any amount of crypto through your account for any amount of time, the minimum time is 30 days. So, after completing days you’ll get the interest in your crypto.
Long-term investment- According to many experts Crypto is going to be used as a common currency, that’s why, it will be very beneficial if someone invest in crypto at this point of time. Cryptocurrency can already be a good long-term investment option, despite the fact that it belongs to a category of assets that is relatively new.
This graph indicates the current USD Coin (USDC) Price Chart.
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What is USD Coin (USDC)?
USD Coin is a dollar-pegged digital stablecoin. Circle's Centre consortium manages USD Coin, which includes Coinbase and Circle investor Bitmain.
Is USD Coin (USDC) good for investment?
If you are interested in investing in a major cryptocurrency other than Bitcoin, or Ethereum you will find that USD Coin (USDC is a good option to consider.
Which is the best wallet for USD coins?
Funex wallet is one of the best wallets to store your USD coin. It has various features that make it the best crypto wallet for cryptocurrency transactions.
Which is the safest wallet for USD coins?
Store your USD coin on Funex pro wallet. It has various security features that make it the best crypto wallet for cryptocurrency transactions.