Tranzify

Crypto · North America · Available

USDC in the United States

USDC is one of the payment methods in the United States. Payments are made in USDC; the method supports pay-in, payout; settlement: on-chain; chargebacks: not possible. The payments regulator in the United States is FinCEN; state money transmission regulators. Providers for USDC in the United States in the Tranzify catalogue: BitPay, Coinbase Commerce.

Key facts

Currency
USDC (USD Coin (USDC))
Operations
Pay-in · Payout
Settlement
on-chain
Chargebacks
not possible
Payments regulator
FinCEN; state money transmission regulators

Providers for USDC in the United States

ProviderProvider typeSupported operationsStatus at Tranzify
BitPayCrypto providerPay-in, PayoutOn request
Coinbase CommerceCrypto providerPay-inOn request

How a payment goes through

  1. 1The checkout shows a deposit address and the exact amount in the asset
  2. 2The payer sends from any wallet or exchange
  3. 3The provider waits for the confirmations the network needs
  4. 4Webhook to the merchant; settlement in the asset or in fiat by the licensed provider

Other payment methods in the United States

TypePayment methodsshare of e-commerce payments
CardsVisa—
CardsMastercard—
WalletsApple Pay—
WalletsGoogle Pay—
CryptoBitcoin—
WalletsPayPal—
Buy now, pay laterKlarna—
Bank transfers & instant paymentsACH debit—

USDC in other countries

Frequently asked questions

Which providers offer USDC in the United States?+
In the Tranzify catalogue USDC in the United States is offered by BitPay, Coinbase Commerce. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is USDC used in the United States?+
The catalogue has no published market share for USDC in the United States; the method is listed among the country's payment methods.
Which operations does USDC support in the United States?+
USDC supports pay-in, payout. Settlement is on-chain and chargebacks are not possible; the amounts are in USDC.
Who holds the licence for USDC in the United States?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in the United States is FinCEN; state money transmission regulators.

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