$USDC
Additional information about USDC:
1. Who issues the USDC currency?
USDC is issued by Circle in collaboration with Coinbase under the supervision of a consortium called the Centre Consortium.
2. Transparency:
Circle publishes monthly reports demonstrating the existence of cash reserves covering each unit of USDC, which enhances trust in the currency.
3. What networks does it operate on?
USDC is available on several blockchain networks, such as:
• Ethereum (ERC-20)
• Solana
• Polygon
• Arbitrum
• Avalanche
This makes it easy to use and compatible with many systems.
4. What is the difference between it and USDT?
• USDC is more transparent than USDT in terms of reserve reports.
• Both are stable, but some users prefer USDC due to American companies overseeing it.
5. Advanced uses:
• Storing trading profits without the need to convert to fiat.
• Providing liquidity in DeFi platforms.
• Using in smart contracts and digital projects
