$USDC $USDC Continuing from the previous post, I will expand a little on the topic of stable coins 🪙

⚖️ In the world of cryptocurrency, stablecoins allow for value preservation and transactions. This means that by maintaining currency parity, they ensure value stability during transactions. Here are a few that are related to the US dollar at a 1:1 ratio.

🎯 $USDT (Tether): One of the oldest and most popular stablecoins, backed by dollar reserves. Although it has been criticized for a lack of transparency, it is still widely used in trading.

🎯 $USDC (USD Coin): Also maintains a 1:1 parity with the dollar. It stands out for its transparency, as its reserves are held in regulated bank accounts and audited by third parties.

🎯 $FDUSD (First Digital USD): A newer option that aims to be an alternative to other stablecoins, backed by dollar assets and supported by Binance, although its adoption is limited compared to USDT and USDC.

🎯 $USD1: Another stablecoin that seeks to maintain a 1:1 value with the dollar, although its backing and audit are less clear compared to USDC.