What is USD Coin (USDC)?
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Our take on USD CoinNot all stable coins are built to be 100% stable, but USDC one of the better ones. They actually keep 100% of the value of issued coins in an audited, government-regulated reserve. This means that money invested in USDC is in theory safer than in Tether, its largest competitor. Also, being able to operate across multiple blockchains minimizes transaction costs for end users. Disclaimer: Coinbase, one of the creators of USDC, is an investor in cryptohunt.
How do you feel about USD Coin?
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What makes USD Coin special?
Interesting facts about USD CoinHere are some facts you may not already know about USD Coin. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
USDC is the second largest stable coin by market cap, behind competitor Tether.
USDC is created by Coinbase and Circle, two large government-regulated institutions.
USDC is 100% backed by cash, making it very stable, and gets audited monthly.
USD Coin reviews from the cryptohunt communityDive deeper into the different opinions about USD Coin and learn how others feels about it.
The more I think about stablecoins, the more I think USDC stands out as the only one I really trust. The thing for me is this: Most stablecoins are either downright shady (looking at you, Tether) or just hard to understand. With this one, at least, I know where the backing comes from: 100% US Dollars, in a government audited reserve. When I need to use a stablecoin, it's likely going to be USDC.
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Community ReviewsBased on 1 community reviews
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