Category: Money Transfer

What is USDC?

USDC is an ERC-20 token, which means that it is built on the Ethereum blockchain. This allows USDC to be easily integrated into other Ethereum-based projects and applications. Circle and Coinbase created USDC as a response to the volatility of other cryptocurrencies like Bitcoin and Ethereum. By pegging USDC to the US dollar, the creators of the stablecoin hoped to provide a more stable and reliable cryptocurrency that could be used for everyday transactions.

The USDC price has remained relatively stable since its launch in 2018. The price of USDC is determined by market forces, just like any other asset. When there is high demand for USDC, the price will go up; when there is low demand, the price will go down. However, because USDC is pegged to the US dollar, its price fluctuations are generally small and predictable.

USDC is issued by Circle, a financial technology company that specializes in digital payments and blockchain technology. Circle has partnered with Coinbase, one of the largest cryptocurrency exchanges in the world, to promote the use of USDC. As a result, USDC is widely accepted by many cryptocurrency exchanges and merchants.

Advantages of USDC

One of the main advantages of using USDC is that it allows for fast and cheap transactions. Because USDC is built on the Ethereum blockchain, transactions can be processed quickly and at a low cost. This makes it an ideal currency for remittances and other international payments.

Another advantage of USDC is that it is transparent and audited. Circle provides regular attestation reports that detail the number of USDC tokens in circulation and the amount of US dollars held in reserve to back those tokens. This provides users with confidence that USDC is backed by real-world assets and is not subject to the same risks as other cryptocurrencies that are not backed by anything.

What about USDC Price Trend?

The price of USDC is typically very stable, as it is designed to be pegged to the US dollar. However, there can be small fluctuations in the price of USDC due to market forces. For example, if demand for USDC increases, the price may go up slightly. Conversely, if demand for USDC decreases, the price may go down slightly.

In recent news, Circle announced that it plans to go public through a merger with a special purpose acquisition company (SPAC). This merger is expected to value Circle at $4.5 billion and will provide the company with the resources it needs to expand its services and continue growing USDC. This news has been seen as a positive sign for USDC and the broader cryptocurrency market, as it signals growing institutional interest in cryptocurrencies and stablecoins.

Where to buy USDC?

USDC has become increasingly popular in the cryptocurrency space. In addition to its use as a stable store of value and a currency for transactions, USDC is also used as collateral for borrowing and lending on various DeFi platforms. USDC is also commonly used as a trading pair on cryptocurrency exchanges, allowing users to quickly and easily trade other cryptocurrencies for USDC.

USDC can be purchased on various cryptocurrency exchanges, including Coinbase, Binance, and MEXC. Users can also earn USDC by providing liquidity to USDC-based decentralized exchanges (DEXs) like Uniswap and Sushiswap. USDC can be used to buy other cryptocurrencies or to make purchases from merchants who accept USDC as payment.

In conclusion, USDC is a stablecoin that has gained significant traction in the cryptocurrency space. Its price is stable and predictable, making it an ideal currency for transactions and as a store of value. USDC has become an important player in the cryptocurrency market and its recent milestones and news suggest that it will continue to grow and evolve in the future.

One a recent trip overseas I discovered just how useful a currency converter could prove itself, especially when negotiating contracts, hotel rooms, and even paying the restaurant bill.

While traveling this year I’ve converted my money into 4 different currencies and, if you’ve ever traveled abroad, you know you lose money every time you change your money from one currency to another.

In an effort to save my own financial skin, I turned to the Internet to help me figure out the best conversion rates ahead of time and gauge how much cash I’d actually need for each trip.

In the process, I discovered a veritable “buffet” of helpful and just plain cool converters and tools online.

They help you do everything from knowing your buying power abroad to what time to ask for a wake up call halfway around the world.

Currency Converter

Log on to and you can estimate the exchange of your currency into virtually any of 180 currencies in the world, including: U.S. dollars, Yen, British Pounds, Australian dollars, Euros, and more.

Simply enter the amount of money you want to convert, choose the currency you want to convert from and to, then click the button.

Instantly you’ll know the value of your money in another country based on the latest currency trading value available.

XE.com also offers a good FAQ section that explains how and why currency exchange rates vary along with information about currency markets.

XE.com gets their conversion data from a variety of sources around the world and, according to the site, updates their rates several times per day.

World Clocks

Log on to to find a wealth of tools to help you get a global perspective not only of local times and dates, but also local holidays and the best time to plan meetings.

From the home page a couple of links rate special attention.

The first, “The World Clock,” allows you to see the local time in most of the world’s capital cities.

You can select “Full World Clock” for an even more comprehensive list of cities and their local times around the world.

I found the World “Meeting Planner” the most useful part of the site for me.

It allows you to put in your current time zone location and then choose up to 3 additional cities around the world.

The site will then give you a list of times that represent the best times to hold a meeting over the net or via phone or teleconference.

You can then log on to the “Calendar” function on the site, select the country, and instantly see if any local holidays will conflict with your meeting or visit.

It even offers a handy little calculator that allows you to calculate the exact number of days, hours and minutes between two dates. I felt a lot older when I discovered that more than 13,000 days passed since the day I was born.

The site even allows you to see a live countdown to New Years day so you can time your champagne consumption accordingly.