Bitpanda
  • Home
  • Blog
  • USD Coin (USDC) available at Bitpanda as the second stablecoin after Tether (USDT)

News • 1 min read

USD Coin (USDC) available at Bitpanda as the second stablecoin after Tether (USDT)

Bitpanda

By Bitpanda
28.03.2019

USD Coin (USDC) is now available on the Bitpanda platform. You can deposit, send, trade and swap USDC from today.

Update (June 30th, 2024): Bitpanda complies with Regulation (EU) 2023/1114 from 30 June 2024 regarding the requirements for public offering of stablecoins.

USD Coin (USDC) is now available on the Bitpanda platform. You can deposit, send, trade and swap USDC from today. This is another step for us to give our users even more flexibility by offering multiple stablecoins as a new asset class.

We are currently expanding our trading platform to other asset classes beyond cryptocurrencies. Just one week ago we added Tether (USDT) as the first stablecoin to the Bitpanda platform. Now we can already happily announce the addition of the second entry in this new asset class.

USD Coin (USDC) is a stablecoin developed by the CENTRE Consortium, which was co-founded by Coinbase and the Goldman Sachs Group-backed fintech Circle.

USD Coin (USDC) is a fiat backed stablecoin, which means that 1 USDC is backed by 1 US-Dollar on the bank account of the issuer. Like with other stablecoins the actual fiat value of 1 USDC can fluctuate slightly, but in general, it tries to hold its value around a specific asset. In this case, the value of 1 USDC is supposed to stay at around 1 US-Dollar.

If you want to learn more about stablecoins, head over to the Bitpanda Magazine to find out more about this new asset class.

Also available in the Bitpanda App for Android

Bitpanda is also available as an app for Android devices. You can now deposit, send, trade and swap USD Coin (USDC) while you are on the go.

Trade, swap, receive and send USD Coin (USDC) now.

Bitpanda

Bitpanda

BITPANDA

Why your money is safe with Bitpanda

Read more

Popular posts

News • 5 min read

Bitcoin hits new heights: Record highs across crypto

News • 2 min read

Bitcoin (BTC) reaches new all time high - what's driving this growth?

Bitpanda Tech • 12 min read

Bitpanda Technology Solutions: A global overview of crypto ownership and adoption

News • 3 min read

Demystifying security tokens: A new era for investment?

Related articles

AC Milan Fan Token - Now available on Bitpanda

News • 2 min read

AC Milan Fan Token - Now available on Bitpanda

Earlier this year we became the official crypto partner of AC Milan...

Read more
Featured article

News • 5 min read

Bitcoin hits new heights: Record highs across crypto

The crypto market is abuzz after a flurry of impressive new highs and...

Read more
See all articles

We use cookies to optimise our services. Learn more
The information we collect is used by us as part of our EU-wide activities. Cookie settings

Cookie Settings
  • Essential cookies

    As the name would suggest, some cookies on our website are essential. They are necessary to remember your settings when using Bitpanda, (such as privacy or language settings), to protect the platform from attacks, or simply to stay logged in after you originally log in. You have the option to refuse, block or delete them, but this will significantly affect your experience using the website and not all our services will be available to you.

  • Performance cookies

    We use such cookies and similar technologies to collect information as users browse our website to help us better understand how it is used and then improve our services accordingly. It also helps us measure the overall performance of our website. We receive the date that this generates on an aggregated and anonymous basis. Blocking these cookies and tools does not affect the way our services work, but it does make it much harder for us to improve your experience.

  • Advertisement cookies

    These cookies are used to provide you with adverts relevant to Bitpanda. The tools for this are usually provided by third parties. With the help of these cookies and such third parties, we can ensure for example, that you don’t see the same ad more than once and that the advertisements are tailored to your interests. We can also use these technologies to measure the success of our marketing campaigns. Blocking these cookies and similar technologies does not generally affect the way our services work. Please note, however, that while you’ll still see advertisements about Bitpanda on websites, the adverts will no longer be personalised for you.