Cryptocurrency Q&A
What is the meaning of USD coin?
What is the meaning of USD coin?
DreamlitGlory
Fri Nov 08 2024
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7 answers
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I'm trying to understand the meaning of USD coin. I want to know what it represents and how it's used in the financial world. Can someone explain it to me in simple terms?
7 answers
Martino
Sun Nov 10 2024
USD Coin (USDC) represents a digital currency that enjoys full backing from U.S. dollar assets.
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Claudio
Sat Nov 09 2024
By maintaining this stability, USDC is categorized as a stablecoin.
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TaekwondoMasterStrength
Sat Nov 09 2024
Stablecoins like USDC are designed to mitigate the volatility often associated with other cryptocurrencies.
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Stefano
Sat Nov 09 2024
This digital asset functions as a tokenized version of the U.S. dollar.
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SumoHonorable
Sat Nov 09 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of digital currency users.
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