Stablecoin USDC Continues Adding Exchanges

Announcements, Innovation, News | November 17, 2018 By:

USD Coin (USDC) continues to grow its ecosystem, as exchanges in Japan and Korea joined more than 50 countries to support the fiat-backed stablecoin.

USDC is now available on the Korea-based Kirbit and Japan-based Liquid exchanges. Additionally, Circle announced that it will make USDC available on the Thor Swap, Changely and CPDAX exchanges.  USDC trading volume on exchange platforms, including Circle activity, continues to grow, with the circulating supply now surpassing 134 million.

Customers can tokenize dollars into USDC and redeem USDC into dollars through both Circle and Coinbase.

CENTRE Consortium, a joint venture co-founded by Circle and Coinbase, introduced USDC to establish a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of stablecoins.