What is USD Coin used for?

For non-U.S. investors, gaining exposure to the U.S. dollar has become easier through the inclusion of USDC in cryptocurrency investment portfolios. This allows them to diversify their holdings and hedge against potential currency risks.

Investors can now add USDC to their portfolios along with other cryptocurrencies. This provides them with a way to benefit from the growing popularity and potential appreciation of digital assets while also gaining exposure to the stable value of the U.S. dollar.

Remittances have become more convenient with the use of USDC. This cryptocurrency can be utilized for sending funds across international borders efficiently.

Recipients of these funds do not need to possess a bank account to store USDC. This feature makes it accessible to individuals who may not have access to traditional banking services.

BTCC is a leading cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet for storing digital assets securely.