HBAR and HUSDC

What is HBAR ?

#hbar is the native cryptocurrency of the Hedera Hashgraph platform, a distributed ledger technology. It is used to power decentralized applications, secure the network, and enable micropayments. Unlike traditional blockchain networks, Hedera Hashgraph uses a different consensus mechanism called Hashgraph, which allows for faster transaction speeds and higher throughput.

What is hUSDC ?

hUSDC refers to the native version of the stablecoin USDC, issued on the Hedera network (HBAR), offering fast settlement times, low fees, and scalability for applications built on Hedera. 

On-and-off ramps: Hedera required a stable fiat currency for decentralized finance (DeFi) applications and end-users, and hUSDC provides that. 

Ease of use: hUSDC is minted natively on Hedera, making it easy to exchange with other fungible and non-fungible tokens. 

Benefits: hUSDC offers high transaction scalability, 3-second settlement times, and low, predictable transaction fees of $0.0001 USD paid in HBAR. #Write2Earn