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Beecrypt deposits and withdrawals of USD Coin (USDC) in the Stellar network.

1 Mins read

We are pleased to announce the opening of access to deposits and withdrawals of USD Coin (USDC) in the Stellar network.

Stellar USDC combines the power of the Stellar network with the reliability of a digital asset backed by the U.S. dollar. Blockchain technology enables instant dollar transfers in the form of Stellar USDC and converts it into any world currency. Stellar is an open-source network, which aims to create favorable conditions for fast, reliable and convenient transactions anywhere in the world.

If the Stellar network offers optimal routes for your assets – USDC is a convenient tool to move them. The asset is issued by a U.S. regulated financial institution, backed by reserved assets and reserves in U.S. dollars at a 1:1 ratio. The combination of these elements takes remittances to the next level through components such as:

✔️ autonomy – the user can choose the blockchain for the transaction;

✔️ speed – transactions are performed within seconds;

✔️ affordability – low online transaction costs.

Take advantage of advanced blockchain technology already on our exchange!

Beecrypt team

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