Crypto & Blockchain
New to crypto? Learn the basics of stablecoins, blockchain networks, and how BUFI uses these technologies.
Understanding Stablecoins
A stablecoin is a cryptocurrency designed to maintain a stable value, typically pegged 1:1 to a fiat currency.
USDC
USDC is a fully-backed stablecoin pegged 1:1 to the US Dollar, issued by Circle. It's backed by cash and US treasuries with monthly audits.
EURC
EURC is a Euro-backed stablecoin also issued by Circle. Ideal for European payments and Euro-denominated invoices.
Blockchain Networks
Avalanche
Fast, low fees
Polygon
Very low fees
Ethereum
Higher fees, most secure
Cross-Chain Transfers
Move USDC between blockchain networks seamlessly.
Cross-Chain Bridging
Circle Bridge Kit allows you to move USDC between supported blockchains natively, without wrapped tokens.
- Native USDC on destination chain
- Secured by Circle
- Typically 10-20 minutes
Frequently Asked Questions
Is USDC safe?
Yes, USDC is issued by Circle, a regulated US company. It's backed 1:1 by cash and US treasuries with monthly attestation reports from top accounting firms.
What network should I use?
For most users, we recommend Polygon or Base for low fees. Use Ethereum for maximum security on large amounts.
Can I convert USDC to regular dollars?
Yes! Use our off-ramp feature to convert USDC to your local currency and withdraw to your bank account.