Question 1

What is USDC?

Accepted Answer

USD Coin (USDC) is a stablecoin pegged to the US dollar, meaning its value generally remains stable at 1:1 with USD. It offers the benefits of digital currency with lower volatility compared to other cryptocurrencies.

Question 2

Why should businesses accept USDC as a payment?

Accepted Answer

Accepting USDC offers the speed and efficiency of crypto with the price stability typically seen with the U.S. dollar. USDC is a fully backed, regulated stablecoin that enables fast, low-cost, and internationally accessible transactions, subject to applicable regulatory conditions. It reduces volatility risks compared to other cryptocurrencies, simplifies international payments, and appeals to customers who prefer using digital assets.

Question 3

Can I convert USDC to fiat currency?

Accepted Answer

Yes, with Cryptopay, businesses can accept USDC and seamlessly convert it to EUR, USD, or other supported fiat currencies for easy withdrawals. Once converted, the funds can be stored in your Cryptopay account or withdrawn to your linked bank account, depending on your preferences and location.

Question 4

What blockchain networks support USDC transactions?

Accepted Answer

USDC operates on 19 networks, including Ethereum, Solana, Polygon, Avalanche, Base, Celo, Hedera, Linea, NEAR, Noble, OP Mainnet, Polkadot, Stellar, Sui, Unichain, and ZKsync – with more potentially supported in the future. That provides businesses the flexibility to accept USD Coin (USDC) across various blockchain platforms.

Question 5

Are USDC payments widely accepted?

Accepted Answer

Yes, USDC is increasingly used in e-commerce, finance, and global trade. More businesses and payment platforms now support USDC payments for fast transactions across international markets.

Question 6

Which businesses can benefit from accepting USDC?

Accepted Answer

Industries that may benefit from accepting crypto payments are typically those that operate internationally and value fast, efficient, and low-cost cross-border transactions. This includes among other sectors like E-commerce, SaaS, selected online entertainment platforms, and real estate. However, businesses should always assess the regulatory status of digital assets in their operating jurisdictions before integration.

Question 7

How can I accept USDC payments on my website?

Accepted Answer

You can start accepting USDC payments in just a few steps:

1. Sign up for a Cryptopay Business account (check your country’s eligibility).
2. Complete verification and finish the onboarding process.
3. Select your payment solution based on your business needs.
4. Integrate and test the system to ensure smooth transactions.
5. Start accepting USDC payments effortlessly.

Need help? Contact our Support Team or visit our Help Centre for guidance.

Accept USDC Payments – fast, secure, and easy

Start accepting USDC in 3 steps

Create a Cryptopay Business account and complete onboarding

Integrate and test your solution

Start accepting USDC payments

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Benefits of accepting USDC payments

Integrating a USDC payment solution with Cryptopay offers numerous advantages:

Easy integration via payment systems

Flexible API integration to fit your needs

Flexible RESTful API

Integrate seamlessly with top e-commerce platforms

Supported currencies

Accept, manage, and send the most popular cryptocurrencies.

Crypto payments you can trust

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Frequently asked questions

Everything you need to know about the accepting USDC payments