Utorg Lists USDC on Ethereum and Arbitrum

Utorg Lists USDC on Ethereum and Arbitrum

After listing APT on Aptos, we are happy to announce that we have extended the availability of USDC and have made it live on 2 more blockchains. Thus, one of the most trusted and reliable stablecoins USDC can be purchased on 5 blockchains — Ethereum, zkSync, Avalanche, Arbitrum, and Polygon.

Starting today, people from 187 countries have a nice shot at buying this reputable cryptocurrency effortlessly and seamlessly. For their convenience, they can buy USDC with the help of 10+ payment methods and over 25 fiat currencies. In addition, 3-minute AI-based KYC verification enables users to purchase USDC in a matter of a twinkling eye.

What is USDC?

USDC is a fully-reserved stablecoin pegged by the US dollar. It means the USDC price maintains a constant value of 1 USD. It is often called one of the most trusted digital assets.

The USDC token was released in September 2018 by the CENTER consortium, founded by Coinbase and Circle, well-known regulated financial institutions that maintain high operational standards and fully comply with the law.

Starting from September 2018, the circulation of this token was 127 million USDC. However, as of November 10, 2022, the circulation has increased to the point of 43.6 billion USDC.

Leading US-based financial institutions, like BlackRock and BNY Mellon, hold and manage all reserves of USDC. Every month, one of the world’s largest accounting firms Grant Thornton makes an audit of the reserves of USDC and checks the credibility.

How to buy USDC in a few clicks?

It will take no more than a few minutes of your time to buy USDC on our website. To make a purchase, it will be enough to go through two straightforward steps:

Step #1. Create a purchasing order. Visiting our home page, you need to fill in a purchasing form while specifying your ordering request. The system will request you to conduct a currency pair (the preferred fiat currency and USDC, which is available on Ethereum, zkSync, Avalanche, Arbitrum, and Polygon) and enter the amount of USDC you want to get.

Step #2. Purchase USDC. To complete the purchasing operation, every user must make a payment. We offer over 10 of the most convenient payment methods, including Apple Pay and Google Pay, and 25+ fiat currencies.

Being a licensed and fully compliant company, it is a mandatory measure to complete identity verification (KYC) for new users. To make this process quick and easy, we implement an AI-powered KYC module so that this process will not take more than 3 minutes.