What is USD Coin?

USD Coin (USDC) is a type of digital currency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price.

Stable value

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 US dollars

Each USDC is backed by one US dollar, which is held in a bank account.

Powered by Ethereum

USD Coin is an Ethereum token, so you can store it in an Ethereum-compatible wallet.

How to get USD Coin

Create or sign in to your BitLeague account

Convert your US$ to USDC at a ratio of US$1.00 for 1 USDC with no fees

Invest in one of our USDC deposit products to earn interest

Get USDC

About USD Coin (USDC)

USDC provides a fully collateralized US dollar stablecoin, and is based on the open source asset-backed stablecoin framework developed by Centre.

As crypto assets have grown in their importance and adoption, it’s become vital to be able to use fiat currencies for payments and trading. A price-stable currency such as the US dollar (and similar stable currencies such as EUR, GBP, JPY, RMB, etc.) is critical for enabling mainstream adoption of blockchain technology for payments, as well as to support maturation in financial contracts built on smart contract platforms, such as tokenized securities, loans, and property.

USDC solves these problems by offering a solution with detailed financial and operational transparency, operating within the regulated framework of US money transmission laws, with established banking partners and auditors, and is built on an open source framework with an open membership scheme that eligible financial institutions can participate in. Learn more