What is USDC? 🤷🦄
USDC is a fully reserved stablecoin, which is a type of cryptocurrency designed to maintain steady value.
Unlike other cryptocurrencies that fluctuate in price, USDC is designed to maintain price equivalence to the US dollar. USDC is redeemable 1:1 for US dollars while benefiting from the speed and security of blockchain technology.
USDC is natively supported on 20 blockchain networks.
USDC is part of a global ecosystem that spans traditional and crypto commerce. Created by Circle, a regulated fintech, USDC is a trusted, accepted, and highly liquid digital dollar.
Each USDC is backed by a dollar or an asset with an equivalent target price held in accounts at regulated U.S. financial institutions.
Which one do you prefer? USDT or USDC 😇😍
