GCash Introduces ‘Digital Dollar’ via GCrypto with USDC Stablecoin

GCash has launched Circle USDC, a stablecoin pegged 1:1 to the US dollar, through its GCrypto platform. This move allows users to buy, hold, and transact with a secure and accessible digital dollar within the GCash ecosystem.

Key Features of USDC on GCash:

✔ Fully reserved stablecoin, backed by liquid cash assets
✔ Held at regulated financial institutions with monthly third-party audits
✔ Seamless access via GCrypto wallet in the GCash app

🗨 “By offering easy access to digital dollars, we empower users with a stable and globally recognized financial asset,” said GCash Wealth Management Head Arjun Varma.

To acquire USDC, GCash users simply need to navigate to GCrypto, select USDC, and convert their GCash balance.