From 12 March at 04:00 UTC, traders will be able to long or short USDC via our USDTUSDC perpetual swap. This new perpetual listing will give you the opportunity to trade and speculate on the price of USD Coin. USDTUSDC Quanto Contract SpecsAs with all quanto contracts, the USDTUSDC product has a fixed Bitcoin multiplier, regardless of the USDT/USDC price. What is USD Coin (USDC)? Launched in September 2018, USD Coin is a popular alternative to other USD-backed cryptocurrencies like Tether (USDT) and TrueUSD (TUSD).