Learn · Assets
USDC is not a bank deposit — and that is the point.
Stablecoins move like internet money and redeem like a claim on reserves (issuer-dependent). Use them with clear eyes.
On this page
What you hold
USDC and USDT are tokens on public chains. Value depends on issuer reserves, smart contracts, and market liquidity — not a Glide IOU.
Why teams use them
24/7 settlement, global reach, programmable transfers, and composability with DeFi, cards (via off-ramp), and payroll.
Risks
Issuer failure, depeg, chain outages, bridge bugs, and sanctions freezes. Diversify rails; do not treat stablecoins as insured cash.
On Glide
Deposit and hold major stables, convert to fiat, send on-chain, earn where enabled, and spend via cards after conversion/settlement per program rules.
Written by
Glide Research
Payments research
Glide Research maps payment rails, FX corridors, and banking access so travellers, freelancers, and treasury teams can move money without legacy wire tax.
- Published
Glide · Learn
USDC is not a bank deposit — and that is the point.
Stablecoins move like internet money and redeem like a claim on reserves (issuer-dependent). Use them with clear eyes.
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