USDC on Base

What is USDC?

USD Coin (USDC) is a fully fiat-backed stablecoin pegged 1:1 to the US Dollar, issued by Circle. Established in 2018, USDC is fully backed by highly liquid reserves of cash and short-duration US Treasuries. It provides a stable, transparent digital dollar for global payments, savings, and trading on the high-speed Base network, allowing users to move value without the volatility of traditional cryptocurrencies. For details, visit Circle.

Why use USDC in Mo?

• Transparent Fees: Mo charges a flat 0.1% fee on trades in Mo Trade with no hidden spreads. Bank money in is free; bank money out is 1%.
• Free Transfers: Send USDC globally to any Mo user for free. Mo-to-Mo sends have zero transaction fees.
• Near-Instant Settlement: Moving USDC on the Base network settles in seconds, providing a fast and reliable alternative to traditional banking rails.
• Smart Wallet Control: Hold your assets securely in your Mo smart wallet, retaining full custody and access at all times.

On Base

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