Questions tagged [usdc]

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Chiara Chiara Sat Oct 12 2024 | 5 answers 913

Is it worth holding USDC?

I'm considering investing in cryptocurrency and am specifically wondering about USDC. Should I hold USDC? Is it a worthwhile investment? What are the potential risks and rewards associated with it?

Is it worth holding USDC?
noah_smith_researcher noah_smith_researcher Tue Oct 08 2024 | 7 answers 936

Why is it so expensive to send USDC?

Could you elaborate on why the cost of sending USDC, a stablecoin pegged to the US dollar, is so high? Is it due to the underlying blockchain technology used, such as Ethereum's gas fees? Or are there other factors at play, like network congestion or the complexity of the transaction? Understanding the reasons behind the high cost of sending USDC could help users make more informed decisions when choosing a cryptocurrency for their transactions.

Why is it so expensive to send USDC?
HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Sun Oct 06 2024 | 7 answers 1434

Can Coinbase recover a USDC withdrawal?

Can you tell me if Coinbase has the capability to recover a USDC withdrawal that may have been made in error or due to unforeseen circumstances? As a user of the platform, I'm concerned about the safety and security of my funds, and I'd like to know if there's any possibility of reversing a withdrawal transaction once it's been initiated. Understanding the process and the likelihood of success would help me better manage my cryptocurrency holdings on Coinbase.

Can Coinbase recover a USDC withdrawal?
SejongWisdomKeeperEliteMind SejongWisdomKeeperEliteMind Fri Oct 04 2024 | 5 answers 1258

Can I use bridged USDC as a custom gas token?

Excuse me, I was reading about bridged USDC and its potential uses in the cryptocurrency space. I was wondering, is it possible to utilize bridged USDC as a custom gas token? Could you elaborate on the feasibility of this idea, perhaps explaining the technicalities involved and any potential benefits or drawbacks? I'm curious to know if this could potentially streamline transactions or offer cost savings in some way. Thank you for your time and expertise in this matter.

Can I use bridged USDC as a custom gas token?
GliderPulse GliderPulse Fri Oct 04 2024 | 6 answers 731

Which is better, USDT or USDC?

I'm curious to know, when it comes to stablecoins, which one do you think is the better option: USDT or USDC? Both are designed to maintain a stable value relative to the US dollar, but they have different underlying collateral and governance structures. Could you elaborate on the pros and cons of each, and provide your perspective on which one is more trustworthy and reliable in the long run?

Which is better, USDT or USDC?

|Topics at Cryptocurrency Q&A

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