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USDC is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.

The stablecoin originally launched on a limited basis in September 2018. Put simply, USDC’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.

USDC is present in major networks like Ethereum, Tron, Polygon and Solana. Here at BCF we currently support USDC transactions only through the Solana network.

Donations are welcomed!

If you wish to donate to this faucet, send NPATO to this Solana wallet:

EedUcTxZjW7mty8jjDMXiRpyYQXieooQ7Efaa5jy6Wuv