Now available: USDC pairs at Bitvavo
Users can now trade 10 USDC pairs on Bitvavo with fees of 0.05% or lower, offering some of the most competitive rates in the market.
10 USDC markets
We offer USDC trading pairs including BTC/USDC, ETH/USDC, ADA/USDC, XRP/USDC, SOL/USDC, DOGE/USDC, AVAX/USDC, SHIB/USDC, FET/USDC, and DOT/USDC. Additional USDC pairs will soon be available. Please note that currently, USDC pairs are only available for our ‘Pro Mode’ interface via web (mobile or desktop). In the near future, we are planning to make USDC trading pairs also available in the Bitvavo app.
Circle
The organization behind USDC is Circle. "USDC is a digital dollar backed by cash and cash-equivalent assets and is redeemable 1:1 for US dollars," as Circle states on its website. They have become the first global stablecoin issuer to receive a license under the European Union's Markets in Crypto-Assets (MiCA) regulatory framework. This approval allows Circle to issue its USDC and EURC tokens in compliance with EU regulations.
Stablecoins typically achieve price stability by being backed by reserve assets such as dollars or euros. This stability is in stark contrast to the significant price volatility seen in other cryptocurrencies. Stablecoins offer a reliable alternative for users who seek the benefits of cryptocurrencies without the risk of drastic value changes, making them particularly useful for transactions, remittances, and as a store of value.