Looking to get into crypto but worried about wild price swings? That’s where stablecoins come in — and USD Coin (USDC) is one of the most trusted options on the market. It’s tied 1:1 to the U.S. dollar, meaning you avoid the big ups and downs of coins like Bitcoin or Ethereum.
In this article, we’ll cover what stablecoins are, how USDC works, and how you can easily buy and use it — even to make everyday payments with ForumPay.
What makes stablecoins different?
Stablecoins are digital currencies whose value is fixed to another asset — usually a traditional currency like USD or a commodity like gold. Unlike Bitcoin, which can rise or fall by hundreds of dollars in a single day, a stablecoin stays… well, stable. That makes them ideal for payments, transfers, and storing value without worrying about volatility.
USDC is one of the most popular stablecoins, and it’s pegged to the U.S. dollar. That means 1 USDC equals $1 — simple as that. It runs on blockchain tech like any other crypto, but with added stability.
A quick look at USDC
USDC was launched in 2018 by Centre, a joint project between Circle and Coinbase. It’s built to follow U.S. financial regulations, and each USDC is backed by actual dollars held in reserve. It started on Ethereum but is now available on other chains too. With a market cap over $33 billion, it’s currently one of the top six cryptocurrencies worldwide.
How to buy USDC in the U.S.
Getting USDC is easy. All you need is:
- A crypto exchange that operates in the U.S.
- A bank account or credit/debit card
- A wallet to store your USDC
Most exchanges — like Coinbase, Kraken, or Gemini — offer USDC. Once you sign up and verify your identity, you can buy USDC just like you’d buy anything online.
🛑 Reminder: While USDC is stable, it’s still crypto. Only invest what you can afford to lose.
Bonus: In some cases, you may also be able to purchase USDC through ForumPay. Reach out to their team to see if this option is available for you.
How to spend USDC using ForumPay
Once you’ve got USDC in your wallet, you can start using it to pay at merchants that accept crypto — especially those using ForumPay’s payment gateway.
With ForumPay, the merchant gets paid in fiat currency, while you pay in USDC — making the process smooth for both sides. It works online or in-person, and the transaction feels just like paying with a card, but using crypto.
Get rewarded by referring businesses
Know a shop or business that doesn’t yet accept crypto? You can refer them to ForumPay and earn a commission on every transaction they make. It’s part of the ForumPay Referral Program, and it’s a simple way to put your crypto knowledge to work.
🔗 To learn more about ForumPay, crypto payments, and referral opportunities, visit www.forumpay.com or contact support@forumpay.com.
