We aggregate and weigh exchange rates from popular exchanges for this conversion. Our rates are also a close estimate of what applies in the black market. This is for informational purposes only.
USDC to CNY conversion — Last updated Invalid Date
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USD Coin (USDC) is a digital stablecoin that is pegged 1:1 to the U.S. dollar, offering the stability of traditional currency with the flexibility of blockchain technology. Issued by regulated financial institutions, USDC is widely used in the world of decentralized finance (DeFi) and for digital transactions, providing a secure and transparent way to transfer value globally. As a leading stablecoin, USDC combines the benefits of cryptocurrencies with the reliability of the U.S. dollar, making it a popular choice for both businesses and individuals in the digital economy.
Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB), is the official currency of the People's Republic of China and a rising force in global finance. As China's economy has grown to become the second-largest in the world, the Yuan has gained increasing importance in international trade and investment. Supported by China's economic influence and government initiatives to internationalize the currency, the Yuan is increasingly used in global transactions and held as a reserve currency by central banks.
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