$USDC

🧠 What is USDC?

USDC (USD Coin) is a stablecoin, meaning it is a cryptocurrency designed to maintain a stable value.

It is backed by US dollars, which means that each USDC is equivalent to $1, and this parity is maintained by actual cash reserves and equivalent assets.

🏛️ Who created USDC?

• Developed by Circle, in partnership with Coinbase, two recognized companies in the cryptocurrency sector.

• The issuance and management of USDC follow regulatory standards and are regularly audited to ensure transparency on the website usdc.com

🔐 How does it work?

• Backing 1/1:

For each USDC issued, there is one dollar (or equivalent) kept in reserve.

• Fast transactions:

Being on the blockchain, it allows global transfers in seconds.

• Low cost:

Ideal for international remittances and digital payments.

• Multi-platform:

Available on over 15 blockchain networks, such as Ethereum, Solana, and Avalanche usdc.com.

🆚 Difference between USDC and other stablecoins

• USDC vs USDT:

Both are pegged to the dollar, but USDC is considered more transparent due to regular audits and clearer reserves Binance.

• USDC vs volatile currencies:

While cryptos like Bitcoin or Ethereum fluctuate greatly, USDC remains stable, ideal for those seeking predictability.

⚠️ Points of attention:

• Not risk-free:

Despite the stability, it relies on trust in the issuing company and the maintenance of reserves.

• Regulation:

Changes in laws may affect the functioning or acceptance of the stablecoin.

(NOT FINANCIAL ADVICE!)

$USDC $GRT