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Coin-turk.com 2023-07-13 09:30:12

What is USD Coin (USDC)?

USD Coin (USDC) is a stablecoin, representing a digital version of the US dollar. Each USDC token is supported by a corresponding US dollar held in reserve, designed to maintain a stable value. USDC operates on the Ethereum Blockchain, facilitating fast and secure digital value transfers. It aims to combine the advantages of cryptocurrencies such as instant payments and global accessibility with the stability of traditional fiat currencies. USDC can be used for various purposes, such as trading on cryptocurrency exchanges, making online payments, and participating in decentralized (DeFi) applications. This article will cover virtually every topic related to the USD Coin (USDC) project, including who the USDC founders are and other aspects of USD Coin (USDC). USD Coin (USDC) Project USD Coin (USDC) is a type of cryptocurrency known as a stablecoin. It has been created to provide a digital representation of the US dollar that maintains a stable […] The post What is USD Coin (USDC)? appeared first on COINTURK NEWS.
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