USDC is a stablecoin pegged 1:1 to the US dollar. Split $50, your friend receives exactly $50. No volatility.
USDC (USD Coin) is a stablecoin issued by Circle. Each USDC is backed by $1 USD held in regulated financial institutions.
Every USDC in circulation is backed by $1 held in reserve. Circle publishes monthly attestations from Grant Thornton verifying the reserves.
Circle is a licensed money transmitter in the US. USDC reserves are held in regulated financial institutions and short-dated US Treasuries.
With over $25 billion in circulation, USDC is the second largest stablecoin and is widely accepted across crypto exchanges and DeFi platforms.
Unlike BTC or ETH, USDC does not fluctuate. Split $25 today, it is still worth $25 tomorrow.
No need to convert crypto prices in your head. USDC amounts are dollar amounts.
Send USDC anywhere in the world in 400ms. No international wire fees or delays.
Buy USDC on Coinbase, convert from USD 1:1, and transfer to your Solana wallet.
USDC is accepted everywhere in crypto. Easy to convert back to USD when needed.
Track expenses in dollars. No need for complex crypto tax calculations.
| Scenario | Bitcoin/ETH | USDC |
|---|---|---|
| Split $50 dinner | Could be $45 or $55 by settlement | Always exactly $50 |
| Owe rent next week | Value could drop 20% | Same value, always |
| Group trip pooling | Hard to budget with volatility | Budget in exact dollars |
| Tax accounting | Capital gains on every tx | Simple dollar tracking |
Purchase USDC on Coinbase, Kraken, or any major exchange. They support direct USD to USDC.
Send USDC to your Solana wallet address (Phantom, Solflare). Make sure to select Solana network.
Your USDC is ready to use in SPLit. Create groups and settle expenses instantly.
USDC gives you the speed of crypto with the stability of dollars. Perfect for everyday expense sharing.