$USDC What Is USDC?
Stablecoin Pegged to USD: USDC is a stablecoin backed 1:1 by US dollars held in regulated US financial institution.
Binance & USDC Partnership
Strategic Collaboration: In December 2024 Binance partnered with Circle to integrate USDC into its platform aiming to enhance liquidity and capital efficiency for users.
Expanded Use Cases: USDC is now available for trading savings and payment applications across Binance's ecosystem providing millions of users with access to stablecoin solutions.
Key Features of USDC on Binance
Trading Pairs: Binance has listed USDC as a quote currency for popular assets.
Seamless Conversion: Users can convert their holdings between USDC and other stablecoins with zero fees.
Global Accessibility: USDC is used for fast international transactions and individual payments.
Market Position
Top Stablecoin: With billions of market capitalization USDC ranks among the top 10 cryptocurrencies by market cap.
Regulatory Compliance: USDC adheres to stringent US regulatory standards with monthly attestation reports confirming its reserves.
Ongoing Collaboration: The partnership with Circle aims to expand stablecoin use cases and offer innovative payment and financial solutions within the digital economy.