Phyliss Henneman aka thekid007
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#USDC: A Lifeline in a Stormy Sea?
USDC (USD Coin) is a stablecoin, which is a cryptocurrency that is pegged to a stable fiat currency, in this case the US dollar. This means that 1 USDC should always be worth approximately 1 dollar.
Here are the main features of the #USDC:
Stability of Value: The primary goal of USDC is to provide stability in the volatile world of cryptocurrencies. This stability makes it useful for transactions, payments, and as a store of value.
Transparency: USDC is issued by Centre, a consortium founded by Circle and Coinbase. Centre regularly publishes reports that show the dollar supply backing USDC in circulation, ensuring greater transparency.
Here are the main features of the #USDC:
Stability of Value: The primary goal of USDC is to provide stability in the volatile world of cryptocurrencies. This stability makes it useful for transactions, payments, and as a store of value.
Transparency: USDC is issued by Centre, a consortium founded by Circle and Coinbase. Centre regularly publishes reports that show the dollar supply backing USDC in circulation, ensuring greater transparency.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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