$USDC $USDC is a type of stablecoin, along with others like USDT (Tether) and DAI. Here’s how they are used:
1. **Stores and Restaurants**:
Some stores in developed countries and some in developing countries (like the United Arab Emirates and Singapore) now accept stablecoins for direct payments. These stores use electronic wallets or point-of-sale (POS) systems.
- **Advantage**: Transactions are instant, fees are low, and there’s no need for middlemen.
2. **Websites and Digital Businesses**:
Online shopping platforms like Shopify and WooCommerce are starting to accept stablecoins as payment. People can use them to buy products, pay for subscriptions, or make donations.