What is USD Coin (USDC)?

USD Coin is the product of a collaborative effort by crypto exchange Coinbase, mining company Bitmain, and payments platform Circle. It is Circle that has announced the new stablecoin, which was launched as USD Coin in September 2018. Goldman Sachs, one of the world’s largest investment firms, has previously invested in Circle’s $50 million fundraising round.

USD Coin is an Ethereum powered smart contract with a convenient transaction instrument. Consortium Circle guarantees that each USD Coin token is backed by one US dollar.

How do I bet using USD Coin gambling site?

The value of cryptocurrencies like Bitcoin is based on a very limited supply, spent resources, and technical features. In the case of USD Coins, the exchange rate is fixed while the supply is completely in accordance with the USD reserve holdings. One unit of cryptocurrency always costs one US dollar.

With USDC, you can exchange and transfer US dollars anywhere in the world in just a few minutes. Transactions are made at the speed of your Internet connection, while technology makes it much cheaper and faster when compared to fiat currencies. Below we recommend you a trusted gambling site that you can put your USD coin.

 

Cloudbet crypto features all your favorite games, from casino, live casino, Esports and sportsbetting. Cloudbet sportsbook offers a good value and high odds with a betting limits of 10 BTC.

Cloudbet Review Cloudbet Mirror

 

1xbit supported all cryptocurrency for both deposit and withdrawal, they also offer a bonus for new players 100% that matches their deposit 1 BTC plus 1 BTC receive bonus.

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How do I deposit USD Coin in gambling site?

For sports betting purposes, USD Coins work in the same way as any other cryptocurrency: Just visit your site’s checkout page, select a USDC payment option, and make a deposit using your crypto exchange account or USDC wallet to send your money to the site’s USDC Coin recipient. address. Withdrawals work the same way, requiring you to select USDC from the payout options available at your online sportsbook.

USD Coin transactions are faster than most other supported cryptocurrencies, settling in just 3-5 minutes on average. Using USD Coins on the sportsbook site of your choice also qualifies you for increased crypto betting bonuses and same day payouts.

 

• →Cloudbet link
• →1xbit link