What is USDC Coin?
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. On ARMoney, eligible customers can earn rewards for every USD Coin they hold.
For customers with a US dollar bank account, 1 USDC can always be redeemed for US$1.00, giving it a stable price.
Each USDC is backed by one US dollar, which is held in a bank account.
USD Coin is an Ethereum token, so you can store it in an Ethereum-compatible wallet, like Coinbase Wallet.
USD Coin is designed to let dollars move globally from your crypto wallet to other exchanges, businesses, and people.