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    Why is USD Coin stable?

    USD Coin is a fiat-collateralized stablecoin, meaning that USDC tokens are collateralized by fiat money like U.S. dollars. Other types of stablecoins include those that are collateralized by a cryptocurrency, or an algorithm, or by hybrid approach. Similarly, Is USD Coin stable? USD Coin is a stablecoin which is pegged to the US dollar. It […] More

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    Is USD Coin worth buying?

    This low-beta investment can also reduce the portfolio’s overall risk which can help match the portfolio’s risk profile with the investor’s risk appetite. Its wide acceptance and a slew of benefits make USD Coin a worthy investment. Similarly, Will USD Coin go up in value? USD Coin is predicted to start in July 2022 at […] More

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    What’s the point of USD Coin?

    USDC is an alternative to other USD backed cryptocurrencies like Tether (USDT) or TrueUSD (TUSD). In a nutshell, USD Coin is a service to tokenize US dollars and facilitate their use over the internet and public blockchains. Besides, USDC tokens can be changed back to USD at any time. Similarly, Is USD Coin stable? USD […] More