USDC is a stable digital currency built to always equal 1 US dollar. It launched in 2018 and is issued by Circle, a regulated financial technology company.

On Bitso, you can buy, sell, and hold USDC like any other digital asset in your account. Before you deposit or withdraw USDC, confirm you're using a supported network: Which network to use to deposit or withdraw crypto on Bitso

Circle backs USDC 1:1 with cash and short-term US Treasury bonds. An independent accounting firm regularly checks that these reserves match the amount of USDC in circulation, which is what allows USDC to hold its value even when other digital assets move up or down in price.

USDC complies with financial regulations in the countries where Circle operates and has received significant funding from major financial institutions, both of which bolster confidence in the currency. These factors have helped USDC become one of the most widely used stable digital currencies, adopted by exchanges, wallets, apps, and businesses that accept it as a form of payment.