4u Created
Image default

What is USD Coin (USDC), fiat-backed stablecoin explained By Cointelegraph


Despite the fact that the is subject to regulatory oversight, investors must weigh the pros and cons of investing in stablecoins before committing any funds.

Comparing USDC with USDT, USDC is subject to regulations as it is audited from time to time, and Circle is fully transparent about its operations. However, investing in the cryptocurrency market, even in stablecoins, has its own cons. For instance, the price of the USD Coin will never appreciate as it is pegged to the U.S. dollar.

Continue Reading on Coin Telegraph


Source link

Related posts

Sono Group N.V. PT Lowered to $4 at Craig-Hallum

Russian gas flows to Europe fall, hindering bid to refill stores By Reuters

Betting on flexibility, China’s Nio will only rent cars in new EU markets By Reuters