USD Coin (USDC) available at Nitrogen Launchpad

Nitrogen is delighted to announce that USDC by Circle & Coinbase is now supported as one of the five stablecoins available for borrowing via Nitrogen Launchpad, our newly launched service providing instant loans in stablecoins.

Nitrogen joined USDC ecosystem in January and following that announcement, USDC stablecoin was added to our main platform as loan and collateral asset. Nitrogen Launchpad is our specialized service with user-friendly UI, that allows to get instant crypto-backed P2P loans in stablecoins with lowest APR (Annual Percentage) possible. As the latest stablecoin addition to Nitrogen Launchpad, USDC is now available alongside DAI, TUSD, PAX, GUSD.

We hope that our lending service with its simple interface and quick onboarding will gain traction within USDC ecosystem and crypto community in general, and we will continue to develop it by adding new borrowing and collateral options in the future. Launchpad is our most user-friendly service to date, and we intend to keep it this way, while retaining all the advantages of our main platform — decentralization, security, efficient order matching.

USDC is the 2nd stablecoin by market capitalization and represents one of the most liquid options among stablecoins, trading on such reputable exchanges as Coinbase, Poloniex, Binance (see the full list here). It is supported by a large number of crypto wallets, including the popular hardware Ledger wallet. Nitrogen team is proud to provide its users with a fully dollar-backed stablecoin option in USDC, issued by Сircle & Coinbase, both regulated Money Transmitters.

Join our Telegram group if you’d like to know more about Nitrogen lending service, or have questions on how to get your first crypto-backed loan.