USDC is a stablecoin and dollar-denominated cryptocurrency that runs on Ethereum, Algorand and Solana blockchain. USDC is pegged to the US dollar in a 1-to-1 ratio therefore giving much-needed stability in the market
Who is the issuer entity and what is the governing regulation/license?
USDC is issued by regulated financial institutionsand governed by Centre, a membership-based consortium that sets technical, policy and financial standards for stablecoins.
Where can I purchase USDC?
For US residents:
Step 1: Log in to your Coinbase Account
Step 2: Navigate to the USDC page on the Coinbase Website
Step 3: Enter the amount of USDC you wish to purchase
Step 4: Select Payment Method and click "Preview Purchase"
Step 5: Confirm your order details and click "Buy Now"
For non-US Residents, USDC can be acquired from decentralised exchanges that consists of USDC pairings.
This includes exchanges such as Binance, Kraken, Bitfinex, KuCoin, Uniswap and Poloniex.