$USDC

Publishing with the USDC currency pair means working with a stablecoin pegged to the value of the US dollar. USDC is a cryptocurrency designed to maintain a stable value, making it an attractive option for those looking to minimize the risks associated with the volatility of traditional cryptocurrencies.

*What is USDC?*

USDC is a stablecoin launched in 2018 by the companies Circle and Coinbase, built on the Ethereum blockchain. It is backed by US dollars, meaning each USDC is worth exactly $1. USDC is focused on transparency, with its financial reserves audited monthly by independent firms.¹

*Advantages of USDC*

- *Stability*: The value of USDC is pegged to the US dollar, providing greater predictability to users.

- *Accessibility*: USDC can be acquired without the need for a global account, and its issuance is regulated by competent authorities.

- *Transparency*: USDC is regularly audited to ensure that Circle actually holds an equivalent dollar amount in accounts of financial institutions regulated by the United States government.

- *Liquidity*: USDC offers high liquidity, making it easy to buy, sell, or exchange for other assets or currencies.

*What is USDC used for?*

USDC serves as²:

- *Access to the dollar*: A simpler way to have an asset equivalent to the dollar without needing to use currency exchange houses or banks and brokers in the United States.

- *Payments*: Allows for fast and efficient payments, as it can be transferred between digital wallets across various blockchains.

- *Investment*: Can be used by individuals who want to have an investment tied to the dollar, providing greater protection against inflation in local markets.

*How to buy USDC?*

You can buy USDC through:

- *Exchanges*: Cryptocurrency brokers specializing in the sale of digital currencies.

- *Peer-to-peer*: Exclusive platforms that allow buying and selling cryptocurrencies directly with other users.

- *Nubank Crypto*: Nubank has.