Circle USD stablecoin (USDC) on Solana is now available

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Back in 2018, we started up supporting Bitcoin, Litecoin, Dogecoin and a handful of other bitcoin-core forks. Back then, USDT was the most used stablecoin, but it was running on top of Ethereum, and it wasn't easy to implement.

Now that we implemented support for the Solana network, we are able to introduce fungible tokens, and the most popular in Solana is Circle USD, aka USDC.

About USDC

From the USDC profile at CoinMarketCap:

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.

Several use cases have been unveiled for the USDC. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.

Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

 

Important: we only support USDC on Solana!

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.

What can you do with USDC on Blockchain Financial?

Here at BCF, USDC has been integrated so you can use your coins in all our systems:


Send/receive:

Send/receive and transfer USDC using our online wallet services.

Get tips:

Create a CryptoWiz button and share the link everyԝhere to receive tips.

   


Buy/sell goods/services:

Purchase goods or pay for services using our marketplace.

Trade:

Trade your USDC for every other asset (even fiat currencies) on our P2P exchange

   


Buy/Sell NFTs with USDC:

We partnered with Libra.Codes, an HTMLCoin-powered platform for deploying NFTs with zero minting fees and low commissions.

Go B2B:

If you want to sell USDC for fiat over electronic gateways like PayPal to business willing to accept them as payment or you have a business and want to allow your customers to pay you with USDC and receive fiat in return, then AutoCash is for you.

   

Play a Trading Cards game like no other!

We are raising the bar for GameFi with this project, built on top of a Trading Cards engine made by thinking out of the box.

Buy items with USDC and other cryptos in your BCF wallets!

And soon, you'll be able to convert cards to NFTs and sell them on Libra.Codes, the Onix Marketplace or any Solana backed DeFi platform, among other activities!

   

And if you upgrade frօm a normal to a premium accօunt, you can:

  • Create advanced CryptoWiz buttons to use BCF as a payment gateway.
  • Create a store in our marketplace and sell goods or services for USDC and other cryptocurrencies.
  • And much more!

   

    

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