Learn about stable coins
💠 What Is a Stablecoin and How Is USDC Different?
USDC (USD Coin) is a regulated stablecoin issued by Circle Internet Financial, LLC and Coinbase under the Centre Consortium.
Each token is pegged 1:1 to the U.S. dollar and fully backed by cash and short-term U.S. Treasuries.
USDC is designed to maintain a stable value while operating on blockchain networks, making it ideal for commerce, settlement, and payments.
What USDC Is cont.
You can easily obtain USDC (USD Coin) through most major cryptocurrency exchanges.
If you already hold digital assets such as Bitcoin, Ethereum, or other cryptocurrencies, you can trade or convert them for USDC directly within your exchange account.
Popular platforms include:
- Coinbase
- Binance.US
- Crypto.com
- Kraken
Once you’ve purchased or converted to USDC, it will appear in your account balance and can be sent directly to your personal wallet — ready to use for your next purchase at Alex Lexington.
💡 Tip: Think of USDC as the digital equivalent of the U.S. dollar — stable, regulated, and spendable anywhere that accepts it, including AlexLexington.com.
Learn about stable coins cont.
🌍 Global Availability
USDC is available worldwide, except in jurisdictions that restrict cryptocurrency activity.
It can be:
- Bought and sold on most major crypto exchanges (Coinbase, Binance, Kraken, Gemini, etc.)
- Traded for other cryptocurrencies or fiat currencies (USD, EUR, GBP, etc.)
- Used for payments, yield products, and decentralized finance (DeFi) applications.
Because it operates on multiple blockchains, USDC can be sent globally within seconds, making it a preferred option for cross-border commerce and luxury transactions.
🔗 USDC on Multiple Blockchains
USDC exists under the same name but is issued on different blockchain networks, each using its own standard.These versions are all equivalent in value but operate on separate infrastructures:
Ethereum
Token Standard ERC-20
Common Label or Symbol USDC (ETH)
Solana
Token Standard SPL
Common Label or Symbol USDC (SOL)
Polygon
Token Standard ERC-20 (Layer 2)
Common Label or Symbol USDC (MATIC)
Avalanche
Token Standard ARC-20
Common Label or Symbol USDC (AVAX)
Stellar
Token Standard XLM-based
Common Label or Symbol USDC (XLM)
Stellar
Token Standard XLM-based
Common Label or Symbol USDC (XLM)
Tron
Token Standard TRC-20
Common Label or Symbol USDC (TRX)
Arbitrum
Token Standard ERC-20 (Layer 2)
Common Label or Symbol USDC (ARB)
Base (Coinbase Layer 2)
Token Standard ERC-20
Common Label or Symbol USDC (BASE)
⚠️ Important: Always confirm which blockchain network your wallet or exchange supports before sending USDC. Sending to the wrong network can result in lost funds.
Learn about stable coins cont.
🏦 Stability and Regulation
- USDC reserves are audited monthly by independent accounting firms.
- It is regulated under U.S. state money transmission laws and overseen by financial regulators in the jurisdictions it operates.
- USDC’s reserves are fully segregated and held in U.S.-regulated financial institutions, not rehypothecated or lent out.
Learn about stable coins cont.
✨ Other Names or Designations
While “USDC” is the official name and ticker, you may encounter it labeled differently across wallets or exchanges, such as:
- USD Coin (formal name)
- USDC (ETH) or USDC (ERC-20) — when referring to Ethereum-based transactions
- USDC.e — “bridged” version of USDC (used temporarily on some Layer 2 networks)
- Circle USDC — branding reference to Circle as the issuer
Regardless of naming differences, each represents the same U.S. dollar-backed stablecoin when issued natively by Circle.
