#USDC USD Coin (CRYPTO:USDC) is a digital dollar. It falls into the category of stablecoins, which are cryptocurrencies pegged to another asset. In USD Coin's case, the asset is the U.S. dollar, and one USDC is designed to maintain a value of $1

Although stablecoins aren't investments, they have a variety of other uses, and you can often earn generous interest rates on them. Since its launch, USD Coin even became one of the largest stablecoins in the world and even became the first cryptocurrency selected for settling Visa (V 1.45%) transactions.

In this USD Coin guide, we'll explain how it works and how to decide if you should buy it.

What makes USD Coin unique?

In terms of functionality, U.S. dollar stablecoins essentially all offer the same thing. They aim to maintain a value of $1, and they work like any other digital currency so they can be transferred between crypto wallet addresses.

The most important factors for a stablecoin are transparency and trustworthiness -- areas where USD Coin does a better job than most of its competitors.#BTC