What Is USD Coin?
USD Coin is a digital stablecoin pegged against the United States Dollar. Unlike cryptocurrencies like Bitcoin, whose value keeps changing, the USDC will have a stable value. For every USDC in the crypto market, there is 1 USD stored in a bank account. It is how the USD Coin can retain its value even when the demands go up and down.
Because the USD Coin works on the Ethereum network, security isn’t a problem for payments. Advanced compatibility means that you can use practically any wallet to store and transact the USDC coins. IT also comes with one of the smallest transaction fee tiers we have seen. You can enjoy all these features on top of the crypto-exclusive control.
How to Get Started
Gateway Integration, Merchant API, Payment Button
Plisio service allows you easily to get payments in the most popular cryptocurrencies, including USD Coin . And to make operations easier, all received payments are automatically calculated in EUR / USD or in USD Coin , depending on the parameters you set.
To integrate our payment gateway on your site, choose:
- One of the ready-made Plisio integrations for e-commerce content management systems or web-billing platforms
- API for a developer that can be customized for any website and other platforms
- Payment buttons for accepting donations or simple payments (for example, if you sell only one or a few products)
To start accepting USD Coin , as well as Ethereum, Litecoin and other cryptocurrencies, first sign up. Then create API credentials if you are going to use our e-commerce plug-ins or APIs. If not, just create your payment button.
To keep all payments received in a cryptocurrency (i.e. receive payments in USD Coin ) on Plisio, verification is not required.
Accept Cryptocurrency Payments in 4 Simple Steps
Frequently Asked Questions
USDC is a stablecoin pegged to the US dollar. It is a type of cryptocurrency designed to maintain a stable value, in this case tied to the US dollar, to reduce the volatility and risk commonly associated with other cryptocurrencies. USDC is issued by regulated financial institutions, and each USDC in circulation is backed by a corresponding US dollar held in reserve. This creates a stable and reliable digital asset that can be used for transactions, payments, and other financial activities.
USDC can be purchased on various cryptocurrency exchanges, such as Binance, Coinbase, Kraken, and many others. You can buy USDC with another cryptocurrency or with a fiat currency, depending on the exchange. To buy USDC, you will first need to create an account on a cryptocurrency exchange, complete the necessary verification procedures, and deposit funds into your account. Then, you can place an order to buy USDC and have it deposited into your exchange wallet. From there, you can either hold it as an investment or transfer it to a different wallet or exchange. It's important to do your own research and choose an exchange that you trust before buying any cryptocurrency.
The time it takes for a USDC transfer to complete depends on several factors, including the speed of the blockchain, the amount of network congestion, and the number of confirmations required by the recipient. On average, USDC transactions take a few minutes to be confirmed and completed, but in some cases, it may take longer. Factors such as network congestion and the size of the transaction can also affect the speed of the transfer. It's always a good idea to check with the receiving party to see if they have any specific requirements for confirmations or transaction speed.
To send USDC to your Plisio wallet, you will need to follow these steps:
- Ensure that you have USDC in your current wallet, either from a previous purchase or from another crypto wallet.
- Obtain your Plisio wallet address: log into your Plisio account, navigate to the “Wallets” section, and select the USDC wallet. Your wallet address will be displayed as a string of letters and numbers.
- Initiate a transfer: in your current wallet, select the option to “Send” or “Withdraw” USDC and enter the Plisio wallet address obtained in step 2. Enter the amount of USDC you wish to transfer and confirm the transaction.
- Wait for the transfer to complete: the time it takes for the USDC to reach your Plisio wallet will depend on the speed of the blockchain and the current network congestion. You can check the status of your transfer by navigating to the “Transactions” section in your Plisio account.
Please note that you may be charged a network fee for the transfer, which will be deducted from the amount of USDC you are sending. It is also important to double-check the wallet address before confirming the transaction, as transfers to incorrect addresses cannot be reversed.
To accept USDC donations using Plisio, you can follow these steps:
- Go to the Plisio website and create an account if you haven't already.
- After logging in, click on the "Create Payment" button and select "Donation".
- In the "Cryptocurrency" section, select "USDC" from the list of supported coins.
- Enter the amount of USDC you want to receive and set the currency in which you want to display the donation amount.
- Enter a name for your donation and a description (optional).
- Customize the payment page to match your branding, if desired.
- Click on "Create Payment" to generate a payment link that you can share with your donors.
Once a donor clicks on the payment link, they will be taken to the payment page where they can enter the required information and complete the transaction. The USDC will be deposited into your Plisio account, from where you can transfer it to your preferred wallet or exchange.
Start Accepting USD Coin
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