In the midst of the rapid development in the field of financial technology, major technology and finance companies have started to launch or support stablecoins used in daily digital transactions. One of the most prominent of these currencies is USDC 💵🔗
USDC is a stablecoin backed by the US dollar at a 1:1 ratio, issued by Circle in collaboration with Coinbase.
💡 What sets this currency apart:
Fast transfers and low fees.
High transparency: its financial reserves are regularly audited.
Reliability on many platforms and applications.
The presence of large technology and financial companies behind stablecoins gives users greater confidence, but it also raises questions about the future of decentralization, and whether these currencies are still "decentralized" as traditional currencies are in the crypto market?
Do you see USDC as the future of secure digital currencies? 🤔
