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Speed Wallet now supports USDC: Buy, swap, and spend with ease
Speed Wallet is proud to announce the integration of USDC (USD Coin), one of the most trusted and widely used stablecoins globally. With this new addition, Speed Wallet users can now enjoy a fast, stable, and cost-effective way to store, send, and spend digital dollars.
USDC is a fully-backed, regulated stablecoin issued by Circle, pegged 1:1 to the US dollar. Unlike volatile cryptocurrencies, USDC maintains a stable value, making it ideal for transactions, savings, and global payments.
Launched in 2018, USDC is backed by highly liquid cash and cash-equivalent assets, ensuring its value remains consistently pegged to the dollar. Its reserves are regularly audited by third-party firms, providing transparency and trust.
USDC is the second-largest stablecoin by market capitalization, with over $57 billion in circulation. It is widely used in decentralized finance (DeFi), trading, and global payments, facilitating billions in daily transactions. Recognized by major financial institutions such as Visa, Mastercard, and PayPal, USDC plays a significant role in bridging traditional finance with blockchain technology.
USDC is available in over 180 countries and can be traded on more than 100 cryptocurrency exchanges, making it one of the most accessible and liquid stablecoins. It adheres to strict regulatory standards, including compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA), making it a preferred choice for both institutions and individuals seeking a secure and compliant digital dollar.
Speed Wallet offers a seamless and efficient way to use USDC—here’s why it stands out.
Speed Wallet has been at the forefront of integrating cryptocurrencies into its platform. In addition to supporting Bitcoin on the Lightning Network and on-chain transactions, Speed Wallet has been actively working to bring USDT to the Lightning Network using the Taproot Assets protocol since September 2024. This innovation enables low-cost, near-instant stablecoin transactions, making digital payments more efficient.
With the addition of USDC, Speed Wallet now strengthens its role in providing trusted, widely adopted digital dollar options to users worldwide. Unlike USDT, which Speed Wallet supports across Lightning Network, Ethereum, and Tron, USDC is currently available only on Ethereum.
Speed Wallet’s integration of USDC marks another milestone in its mission to provide users with innovative and reliable digital asset solutions. Whether you’re an individual looking for a stable store of value or an institution seeking compliant and efficient transaction options, USDC on Speed Wallet offers a seamless experience.
Download Speed Wallet now and explore the benefits of USDC—your gateway to fast, stable, and cost-effective digital dollar transactions.
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