USDC Trading Now Available on the Kinesis Exchange

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London, United Kingdom, 17th October, 2022, Chainwire

Kinesis, the world's leading gold and silver-based monetary system, has listed the FIAT-based stablecoin, USD Coin (USDC) on the Kinesis Exchange. 

USDC, is the fourth-largest cryptocurrency by market capitalization and the second-largest USD stablecoin in the cryptocurrency industry, with over 49 billion USDC tokens currently in circulation.

Now live on the Kinesis Exchange, USDC will be tradeable against the US dollar, selected leading cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) and Kinesis’ native gold and silver-based stablecoins, Kinesis Gold (KAU) and Kinesis Silver (KAG). 

Through the listing, Kinesis users can instantly onramp and trade USDC against physical gold or silver on the Kinesis Exchange - reliable and historically-proven precious metals that act as inflation ‘hedges’, while also earning a yield on their assets through Kinesis' fee, sharing yield model.

In an important development for the cryptocurrency industry, USDC will become spendable on the Kinesis Virtual Card alongside the existing pool of available digital assets.  

Available at over 60 countries globally, including the UK, Eurozone, Canada, Latin America, Australia, and Oceania, the new virtual card will allow users to spend crypto and physical gold and silver in real-time, with instant conversion to local currency at 80+ million locations globally with Mastercard.

Alongside the important accessibility and familiarity of spending fiat-based digital assets such as USDC, the Kinesis Virtual Card brings global utility to gold and silver-backed