Circle's US Dollar Coin (USDC) Stablecoin Gets Support On Silvergate Exchange Network (SEN)

Last Laugh For USDC As Silvergate Exchange Network Is Now Available For Transactions

Silvergate Exchange Network (SEN) is now supporting the redemption and issuance of US Dollar Coin commonly abbreviated as USDC. The entry of SEN is crucial to the Cryptocurrency market as it is now possible to execute real-time exchanges.

Customers with accounts at Silver Bank with SEN are the ones to get huge benefits. They will be able to make instantaneous issuing and redeeming through a dedicated web application Circle USDC.

It Is A Basketful Of Fortunes

With the new move, SEN is adding reliability, efficiency and clamor for the top crypto prize. The network now provides a smooth, reliable and fast way to issue and redeem USDC. This is a differentiator and strength that SEN is going to use to stamp its authority on the lucrative crypto niche.

How The System Works

The system is able to detect orders within 25 minutes and start the process of settling transactions. The chain of actions triggers the automatic issuing of tokens. Once you are here, you can start to transfer your USDC to a wallet of your choice. Factoring in the duration it takes for a bank transfer, average timing for Ethereum transactions and issuing of tokens; you can transfer your dollars from bank into USDC tokens’ wallet in not less than 45 minutes. Changing of USDC tokens into bank dollars will under minutes.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,466FansLike
2,795FollowersFollow
4,234FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitcoin Will Emerge Stronger Out of the Ongoing Crisis: Congressman Tom Emmer

It is the fact that no one has centralized control over Bitcoin that makes it stand out in comparison to fiat currencies that are...

Coca-Cola to Utilize Baseline Protocol For Supply Chain Tracking with Exposure to DeFi

Coke One North America (CONA) has partnered with Provide and Unibright to streamline the supply chain of the largest coca-cola bottlers in the region...

USD-Pegged Cryptos & BTC Continue to Rise in Contradiction to the Falling US Dollar

The US dollar is not having a good start in the second half of 2020. The dollar index, which measures the greenback against a basket...

Coinbase Wallet Integrates Unstoppable Domains; Send Payments Via .Crypto Addresses

Coinbase Wallet, a service rendered by US based Coinbase crypto exchange is extending its support for Unstoppable Domains according to an announcement made by...

Mad Rush to BTC Coming Soon as Barstool Sports' Dave Portnoy Declares ‘I Want to Buy All the Bitcoins'

Dave Portnoy, the founder of Barstool Sports, has now turned his attention to Bitcoin as he said, "I want to buy all the bitcoins." Portnoy...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today