What Universities in the US Accept USDC?394
The University of California, Berkeley is the first university in the US to accept USDC for tuition and fees. The university announced in March 2023 that it would be partnering with Coinbase to allow students to pay using the stablecoin. UC Berkeley is one of the most prestigious universities in the world, and its decision to accept USDC is a major step forward for the cryptocurrency industry.
There are several reasons why UC Berkeley decided to accept USDC. First, USDC is a stablecoin, which means that its value is pegged to the US dollar. This makes it a much more reliable form of payment than other cryptocurrencies, which can be volatile and unpredictable.
Second, USDC is a transparent and auditable cryptocurrency. This means that anyone can view the transaction history of USDC and verify that it is being used for legitimate purposes. This is important for a university, which needs to be able to track and account for all of its financial transactions.
Third, USDC is a global cryptocurrency. It is not tied to any particular country or jurisdiction, which makes it a convenient option for students from all over the world.
UC Berkeley's decision to accept USDC is a significant development for the cryptocurrency industry. It shows that major institutions are starting to recognize the value and potential of cryptocurrencies. As more universities and other institutions accept USDC, it will become a more mainstream form of payment.
Here are some of the other universities that accept USDC:
University of Pennsylvania
University of Southern California
Rice University
Cornell University
Duke University
Northwestern University
University of Michigan
University of Texas at Austin
University of Washington
This list is growing all the time, as more and more universities recognize the benefits of accepting USDC. If you are a student who is considering attending one of these universities, you should be aware that you can now pay your tuition and fees using USDC.
2025-01-26

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