When was usdc issued?

USDC was officially issued by Circle and Coinbase on September 26, 2018.

##USDC Release date: September 26, 2018

USDC (USD Coin) is a stablecoin pegged to the US dollar, jointly issued by Circle and Coinbase. USDC is primarily used for cryptocurrency trading, payments, and lending.

The following is a detailed explanation of the USDC issuance time:

• Pre-sale period: September 10, 2018 to September 25, 2018
• Official Release: September 26, 2018

The pre-sale period for USDC is reserved for Circle and Coinbase partners and institutional investors. After a pre-sale period, USDC was officially issued on the open market on September 26, 2018.

Unlike other stablecoins, USDC is issued by a centralized entity, Circle, which means that the asset is subject to traditional financial regulatory and compliance measures. Circle conducts regular audits to certify that USDC reserves match the amount of USDC in circulation.

USDC has become one of the most popular stablecoins since its launch, popular for its stability, liquidity, and security compared to the U.S. dollar. It is widely used in cryptocurrency exchanges, decentralized finance (DeFi) protocols, and payment platforms.

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