Buy, Sell, & Trade USDC
Exchange USDC with USD and Cryptocurrency
Wallet
A simple way to manage and track your cryptocurrency portfolio.
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Invest in digital assets like BTC with your credit or debit card.
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Sharing Funds
Seamlessly send cryptocurrency to anybody, anywhere in the world.
Cryptocurrencies such as USDC, or USD Coin, have increased in popularity due to the convenience and speed they afford. Because cryptocurrency is decentralized, it can be used to buy, sell and trade assets without third-party interference. You can easily keep track of the USDC exchange using Rubix’s price chart.
What is USDC?
The USDC stablecoin is a digital currency backed by the USD, or the dollar. Because the USDC is regulated by financial institutions, users don’t have to worry about the volatility that comes with cryptocurrencies such as bitcoin (hence the name, stablecoin). Currently, there are 10 billion USDC in circulation.
As of 2020, cryptocurrency has been used as a decentralized alternative to traditional fiat currencies (which are usually backed by some central government) such as the US dollar (USD). Meanwhile, cryptocurrency technology, including smart contracts and blockchain, has been used for a number of other purposes such as apps, cloud computing, and more.
As of September 2017, there were over 1,100 cryptocurrencies and the total market capitalization of all cryptocurrencies reached an all-time high surpassing $60 billion! Then, by December 2017, the total market cap reached $600 billion (a multiple of 10 in only two months).
Although the future is uncertain, cryptocurrency is proving itself to be more than just a fad. Today cryptocurrency is shaping up to be a growing market that (despite the pros and cons) is likely here for the long haul.
Who created USDC?
The first decentralized digital cryptocurrency can arguably be traced back to “bit gold” (not to be confused with Bitgold), which was worked on by Nick Szabo between 1998 and 2005 but was never implemented.
Although bit gold is widely considered the first precursor to bitcoin, cryptocurrency pioneer David Chaum’s company DigiCash (a company founded in 1989 which attempted to innovate digital currency), Wei Dai’s b-money (a conceptual system published in 1998 which Satoshi cites it in the Bitcoin white paper), and “e-gold” (a centralized digital currency that started in 1996) are all notable early mentions.
How do I exchange and Trade USDC
Users can convert their crypto token to USD by finding an exchange that deals both currencies and selling your crypto currency. Depending on the current exchange rate, fees and spreads that the exchange charges, users will withdraw a corresponding amount of USD. In fact, it fundamentally works the same way as any other currency conversion option. Rubix employs the latest safety measures and has a proven track record for fair, efficient transactions.
Exchange USDC using Rubix Swap
The USDC stablecoin is a digital currency backed by the USD, or the dollar. Because the USDC is regulated by financial institutions, users don’t have to worry about the volatility that comes with cryptocurrencies such as bitcoin (hence the name, stablecoin). Currently, there are 10 billion USDC in circulation.
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