$USDC

Friends, the topic of stablecoins is gaining new momentum.

More and more companies in the global financial payment systems are implementing stablecoins.

What does this indicate: All cryptocurrencies, without exception, are massively adapting an audience that has not yet adopted them.

At first, people use stablecoins and then other assets.

This brings us new buyers of various crypto projects.

What is USDC and what are its advantages?

USDC (USD Coin) is a stablecoin pegged to the US dollar at a 1:1 ratio. It was created by Circle with the support of Coinbase and is part of the Centre Consortium standard.

• Peg to the dollar: For every USDC in the account, there must be a real dollar or an equivalent in reliable financial assets.

• Transparency: Circle regularly publishes reports on the backing of USDC.

• Usage: Used for trading, staking, decentralized finance (DeFi), remittances, and hedging.

• Blockchains: Operates on several networks, including Ethereum (ERC-20), Solana, Avalanche, TRON, and others.