It's a good earn coin while you find your right spot. Now with the dollar drop, will there be a euro stable?
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$USDC USD Coin (USDC) is a stablecoin backed 1:1 by US dollars, meaning that each USDC in circulation is backed by one dollar in reserve. It was launched in 2018 by Centre, a consortium founded by Circle and Coinbase. USDC operates on multiple blockchains, including Ethereum, Solana, and Algorand, allowing for fast and global transfers. It is used in payments, remittances, and DeFi due to its stability. The reserves of USDC are regularly audited to ensure its backing. Unlike volatile cryptocurrencies, USDC maintains its stable value, facilitating its adoption in commerce and digital finance without the risk of extreme fluctuations.
P.S.: This is an interesting fact from the web and not an argument.
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