USD Coin (USDC)
Price
$1.00 0.02%
USD Coin (USDC)
Number of casinos: 119
Cryptocurrency Code: USDC
Website: www.usdc.com
Max Supply: - -
Our Top 10 Favorite Virginian USD Coin Crypto Casinos
Our handpicked list of the top 10 USD Coin casino brands for United States at the moment, suitable specifically for Virginian players.
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The History of USD Coin
In 2021, USDC saw a significant boost when Visa integrated it into its payment network, allowing seamless transactions. By July 2022, USDC’s circulation had grown substantially, reaching a total of $55 billion. However, in March 2023, USDC briefly lost its dollar peg when Circle disclosed that around $3.3 billion of its reserves were impacted by the Silicon Valley Bank’s sudden collapse, though it regained stability shortly after. In August of the same year, Circle took sole control of USDC’s governance by dissolving the Centre Consortium.
Then, in early 2024, Circle chose to phase out USDC on the TRON blockchain for risk management reasons, with full transition options available until February 2025. In recent developments, USDC surpassed Tether in stablecoin transaction volume, showcasing its growing influence in the cryptocurrency space.
More Hot USD Coin Casinos
Here are listed, selected, and reviewed the most appealing online casino brands that accept USD Coin:
The Popularity of USD Coin
Since its launch, USD Coin (USDC) has steadily risen in popularity, becoming one of the most widely adopted stablecoins in the cryptocurrency market. Its appeal lies in its stability, being fully backed by the U.S. dollar, which offers a level of reassurance to users seeking a reliable digital asset amidst the volatility of other cryptocurrencies.
Over the years, USDC’s widespread acceptance has been bolstered by major partnerships, such as Visa's integration in 2021, which allowed USDC transactions across Visa’s global payment network. The coin’s market presence grew further as its circulation reached significant milestones, reflecting increased demand from both individual users and institutions.
Additionally, USDC's consistent alignment with regulatory standards and transparency in reserve audits have reinforced its reputation, distinguishing it as a dependable option in the digital financial ecosystem. This commitment to trust and stability has positioned USDC as a leading choice for users globally, with its transaction volume recently surpassing that of other major stablecoins, affirming its place in the competitive world of digital currency.
News and Articles for USD Coin
We keep you up-to-date with the latest news in the online casino industry, featuring USD Coin data here:
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How Has USD Coin Grown during the Years?
By mid-2022, USDC circulation surged to $55 billion, reflecting strong demand and establishing it as a significant stablecoin in the market. In 2023, although temporarily impacted by the Silicon Valley Bank collapse, USDC’s resilience was demonstrated as it quickly regained its peg, and later that year, Circle assumed full control over USDC’s management by dissolving the Centre Consortium. In early 2024, Circle focused on managing USDC’s risk profile by discontinuing support on the TRON blockchain, while USDC's transaction volume reached new highs, surpassing that of Tether and reinforcing its position as a leading stablecoin in the market. USD Coin (USDC) is a stablecoin pegged to the U.S. dollar, so its price generally remains at $1.00, with minimal fluctuations.
What are the Best Platforms to Trade with USD Coin?
USD Coin (USDC) is widely accessible on many popular cryptocurrency platforms, making it convenient for users to trade, store, and spend. Here are some of the best platforms for trading with USDC:
Platform | Key Features |
Coinbase | Co-founder of USDC; easy trading and storage; options to earn interest on USDC holdings. |
Binance | Supports various USDC trading pairs; low fees and high liquidity for trading USDC with other cryptocurrencies. |
Kraken | Secure platform with fiat and crypto pairs for USDC; competitive fees and user-friendly interface. |
Crypto.com | USDC trading and spending options through the Crypto.com Visa card, ideal for both trading and daily transactions. |
Cash App | Primarily Bitcoin-focused but may offer USDC trading in certain regions; convenient for casual users. |
Other Platforms (Polygon, Solana) | USDC available on Ethereum, Polygon, Solana; DeFi compatibility; Visa pilot with Solana for fast, low-fee payments. |
This table highlights each platform’s strengths, whether it’s secure trading, earning interest, low transaction costs, or enhanced compatibility with DeFi ecosystems.
How to Open an Account in Binance and Find my USD Coin Address?
Here's a quick guide on how to start using USD Coin in Binance:
Step01
Sign Up for a Binance Account
To start, go to the Binance website (binance.com) or download the Binance app. Click on Register or Sign Up, then enter your email address and create a secure password. You can also register using your mobile number if you prefer. Verify your email address or phone number by entering the code Binance sends, completing the sign-up process.
Step02
Complete Identity Verification (KYC)
After signing up, complete the identity verification process known as KYC (Know Your Customer). Log in and go to the account settings, where you’ll find Identity Verification or KYC Verification. Follow the instructions to submit your personal information and upload necessary documents, such as a passport or ID. Once approved, your account will have increased security and higher deposit limits.
Step03
Deposit Funds or Connect a Payment Method
Now, add funds or connect a payment method. Head to the Wallet section, select Fiat and Spot, and choose Deposit if you want to add funds via bank transfer or a debit/credit card. Alternatively, you can deposit cryptocurrency if you already have assets in another wallet.
Step04
Find Your USD Coin (USDC) Wallet
To find your USD Coin (USDC) wallet, go to Wallet at the top of the screen, then select Fiat and Spot. Use the search bar to type USDC and locate your USD Coin wallet. Click on Deposit next to USD Coin to view your wallet details.
Step05
Copy Your USDC Deposit Address
Finally, copy your USDC deposit address. After clicking Deposit, choose the network you wish to use, such as ERC-20 for Ethereum or another compatible network like Solana if supported. The deposit address shown is unique to your account for receiving USDC. Double-check that you’ve selected the correct network and address, as using the wrong one could result in lost funds.
What Casino Games Can I Play with USD Coin?
USD Coin (USDC) is widely accepted across various online platforms, making it a versatile payment method for many types of casino games. If you're looking to play with USDC, you can fully enjoy a broad selection of entertaining titles, including traditional casino classics like blackjack, baccarat, and roulette, which are all available in both virtual and live dealer formats. Slots, that range from classic well-known three-reel games to modern top-notch video slots with intricate bonus features, can also be played using USDC at most cryptocurrency casinos. For those who enjoy poker, USDC is often accepted in online poker rooms for a variety of formats, such as Texas Hold'em, Omaha, and tournaments. Additionally, USDC can be used for esports betting, allowing wagers on popular games like League of Legends, Dota 2, and CS. Sports betting is another area where USDC is frequently supported, enabling bets on a broad array of sport types such as football, basketball, and tennis. Whether you're into live casino practices or digital table games, USDC can be used to place bets on live blackjack, live roulette, and other live dealer games, providing a seamless and secure gaming involvement. In short, USDC allows for a broad and flexible gaming process, covering virtually all categories of online gambling, including slots, table games, poker, esports, sports betting, and live casino options.
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Interesting Facts About USD Coin
USD Coin (USDC) has become one of the most prominent stablecoins in the cryptocurrency market, offering a stable alternative to more volatile digital assets. It provides a reliable store of value, backed by the US dollar and supported by a range of blockchain platforms. Here are some interesting facts about USDC that highlight its features, growth, and the increasing role it plays in the crypto ecosystem.
- Stablecoin Pegged to the Dollar: USDC is a stablecoin, meaning it is pegged 1:1 to the value of the US dollar, providing a stable store of value in the crypto market that is quite volatile.
- Launched in 2018: USD Coin was launched in September 2018 by Circle and Coinbase as part of the Centre Consortium, a joint venture between the two companies.
- Backed by Reserves: Each USDC token is backed by an equivalent amount of US dollars or assets held in reserve, with monthly audits to ensure full transparency.
- Wide Adoption: USDC is supported on various blockchain platforms, including Ethereum (ERC-20), Solana, Polygon, Algorand, and more, making it widely accessible for crypto users.
- DeFi Integration: USDC is commonly used in decentralized finance (DeFi) applications, allowing users to earn interest, provide liquidity, and participate in decentralized lending and borrowing.
- Visa Support: In 2021, Visa announced its support for USDC, allowing it to be used for transactions through Visa’s payment network, expanding its real-world utility.
- Circulation Milestones: By 2022, the total circulating supply of USDC reached $55 billion, solidifying its steady position as one of the largest stablecoins in the market.
- No Bank Involvement: Unlike traditional fiat currencies, USDC operates without a central bank, making it decentralized and suitable for use in blockchain-based applications and crypto transactions.
- Security Features: USDC uses advanced cryptographic techniques to ensure secure transactions, providing a high level of protection against fraud and hacking.
- Transparency and Regulation: USDC undergoes regular third-party audits to verify its reserves, ensuring transparency and regulatory compliance.
- Use in Payments: USDC is increasingly being used for cross-border payments, remittances, and as a stable medium for crypto trading, enabling seamless, low-cost transactions globally.
- Discontinued on TRON: In February 2024, Circle announced it would discontinue minting USDC on the TRON blockchain after a risk management review.
CasinoLandia's Conclusion About USD Coin
In conclusion, USD Coin (USDC) has established itself as a cornerstone in the world of cryptocurrencies, offering a stable and reliable digital asset that is pegged 1:1 to the US dollar. Its widespread adoption across various blockchain platforms and integration with decentralized finance (DeFi) applications has made it a valuable tool for users seeking stability and security in an otherwise volatile market. The backing of reserves, regular audits, and Visa’s support further enhance its credibility and utility. While USDC faced a brief disruption in its peg during the 2023 Silicon Valley Bank collapse, its quick recovery demonstrates its resilience. The coin’s versatility, allowing users to engage in a wide array of casino games, sports betting, and real-world transactions, showcases its increasing role as a trusted stablecoin in both the crypto and online gambling spaces. With ongoing growth and innovation, USD Coin continues to play a vital role in the future of digital finance and cryptocurrency adoption.
Author
Polina Dimova | Content Writer