Testnet is open: trade with free test USDC · Mainnet soon · Follow @Arkhampad →Testnet open · free test USDC · Follow @Arkhampad →
Create coin
← Learn / Crypto basics

What is USDC?

2 min read
In short

USDC is a stablecoin designed to stay at one US dollar. It's issued by Circle and runs on many blockchains. On ArkhamPad every deposit, trade, balance and withdrawal is in USDC.

Why a stablecoin

Your balance doesn't swing with the price of ETH or another coin. One USDC is meant to be worth one dollar.

Where to get it

Most exchanges sell USDC. Buy it there, then withdraw it to your ArkhamPad deposit address on a supported network.

Same token, many networks

USDC exists on many chains. Always send it on the network you picked on the Deposit screen.

FAQ

Is USDC the same as USDT?

No. They are different stablecoins. ArkhamPad uses USDC only.

Related guides

What is a DEX?2 minWhat is a liquidity pool?2 minWhat is a smart contract?2 min