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Replace Circle into the Redemption Agreement

Replace Circle into the Redemption Agreement and eSign it in minutes

Aug 6th, 2022

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What are the terms of service for Circle?

CIRCLE MAKES NO WARRANTY THAT (I) THE SERVICES WILL MEET YOUR REQUIREMENTS, (II) THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR (III) THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU WILL MEET YOUR EXPECTATIONS.

Where can I convert my USDC?

How to get USD Coin Create or sign in to your Coinbase account. Convert USDC at a ratio of US$1.00 for 1 USDC with no fees. Send elsewhere or convert back into dollars on Coinbase.

How do I redeem USDC from Circle?

There are three steps to izing USD into USDC: A user sends USD to an issuers bank account. The issuer sends a request to the USDC smart contract to mint an equivalent amount of USDC. The issuer makes the newly-minted USDC available to the user while holding the USD they were sent in reserve.

What are the redemption terms for USDC?

Although a USDC is always redeemable for $1, less applicable fees (if any), Circle cannot control how third parties quote or value USDC, and Circle is not responsible for any losses or other issues that may result from fluctuations in the value of USDC.

How does Circle USDC work?

USD Coin (USDC) is a fully-reserved stablecoin running on many of the worlds leading blockchains. It is always redeemable 1:1 for U.S. dollars, because for every 1 USDC in circulation there is $1 USD held in reserve. USDC was designed from the open-source fiat stablecoin framework developed by Circle and Centre.

Who owns Circle USDC?

It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts. USDC is designed to hold at or near a stable price of $1.Circle (company) Type of businessPrivateFounder(s)Jeremy Allaire, Sean NevilleKey peopleJeremy Allaire (CEO)URLcircle.comLaunchedOctober 20133 more rows

How can I convert my USDC to USD?

You can get your USDC back to USD through an exchange process, which typically involves a fee. After the exchange, you would need to cash out and then transfer to your bank account. The entire process could take up to 2 working days.

Where can I sell USDC for USD?

Kraken makes it easy for you to sell USDC directly for ether (ETH), or government issued currencies like U.S. Dollars (USD) and Euros (EUR). Kraken offers over 150 trading pairs in total, so depending on how you decide to sell USD Coin USDC, you can gain exposure to a wide range of other assets.

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