How to buy or convert to USDC using the Coinbase app

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1 year ago

In this video we show you how to buy or convert to USDC using the Coinbase app. USD Coin (USDC) is a stablecoin designed to be pegged to the US dollar and redeemable on a 1:1 basis for US dollars, backed by dollar denominated assets held in segregated accounts with US regulated financial institutions. *Add USDC to your portfolio today:* https://www.coinbase.com/price/usdc#AboutSection *Why use USDC?* Fiat-backed stablecoins (cryptocurrencies pegged to reserve assets like the U.S. dollar) provide customers stability and confidence during times of volatility. USDC is one of the most trusted and reputable digital dollars, fully backed with high-quality reserves: *High quality reserves:* Trade confidently. USDC is 100% backed by cash and short-dated U.S. Treasuries held in regulated U.S. financial institutions. *Trusted transparency:* Reduce risk. Grant Thorton LLP, a leading 3rd party accounting firm, conducts transparent, monthly attestations on the US dollar denominated reserves that back the USDC in circulation. *Stable store of value:* Find stability in crypto. Know that the value of your USDC is preserved over time whether you want to pay, send, or trade. USDC is designed to be pegged to the US dollar and redeemable 1:1 for USD. *Rewards:* Users in eligible regions may be able to earn rewards on their USDC simply by holding it in their Coinbase account. To learn more, please visit: https://help.coinbase.com/en/coinbase/getting-started/crypto-education/usdc At Coinbase, our mission is to create an open financial system for the world. 🔵🌍 ✅ Subscribe to our channel here: https://www.youtube.com/channel/UCofTOFX4QuhT8OY-3-fFRFw/?sub_confirmation=1 ► Start using Coinbase today: https://coinbase.com ► Follow us on Twitter: https://twitter.com/coinbase ► Like us on Facebook: https://www.facebook.com/coinbase/ ► Find us on Instagram: https://www.instagram.com/coinbase/ #coinbase #Cryptocurrency #Blockchain #CoinbaseExchange #CoinbaseApp #OpenFinancialSystem #CryptoForAll #crypto #coinbase #usdc #usdcoin #stablecoin #stablecoins __ This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.

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