USD Coin (USDC): Stable property for merchants
In the world of cryptocurrencies, stability and predictability are often considered oxymorons. Cryptocurrencies are known for their volatility, and prices are fluctuating wildly within minutes. However, cryptocurrency established this trend as a stable value for retailers using the company: USD coin (USDC).
What is the USD coin?
The USD coin, also known as the USDC, is a decentralized digital currency published by the New York Federal Reserve Bank. It was established in 2018 as part of the pilot program to test the possibility of the central bank issued by Stableoin. The name “USD Coin” refers to its relationship to the US dollar.
How does it work?
USDC is a stable value memory and an exchange tool, similar to the US dollar. It operates with a rigid delivery system with $ 1 million in circulation and corresponds to $ 100 billion in US dollars. This means that when they fall by 10%, prices are still $ 90.9 billion.
Main Functions
1
Liquidity
: USDC is widespread on large stock exchanges such as Coinbase, Binance and Octopus.
- Transparency : All transactions are publicly visible with real -time price updates.
3
Legislative Compliance
: As a stable coin issued by the Central Bank, the USDC meets all the regulatory requirements of the Federal Reserve.
- Scalability : The network is designed to support large trade volumes without significant congestion.
Why do you choose the USD coin (USDC)?
1
Stability : In contrast to other cryptocurrencies that can cause sudden price waste or pins, the USDC is a stable supply and predictable price movements.
- Liquidity : With more than 100 million registered users worldwide, the USDC is one of the most liquid coins.
3
Safety : USDC transactions are encrypted and tested with a decentralized unanimity of the use of disorders to ensure safety and transparency.
- Competition Fee : USDC is a lower transaction fee compared to other stable coins such as tying (USDT).
Investment Strategy
The USD coin (USDC) offers an attractive option for distributors looking for stable capital for long -term investments. Here are some reasons why:
1
Low risk : With stable care and regulatory support, the USDC is less volatile than other cryptocurrencies.
- Diversification : Adding USDC to your portfolio can offer diversification benefits as it has a relatively low correlation with ordinary assets such as promotions and bonds.
3
increasing adoption : As more companies and institutions take on stable coins, demand for USDC may increase.
Diploma
The USD coin (USDC) is a striking example of how cryptocurrency can be used as a stable benefit to distributors. With its transparent and regulated structure, stable liquidity and competitive fee, it is an attractive opportunity for investors looking for stability for rapid development.
Regardless of whether you are an experienced trader or just start exploring the cryptocurrency world, the USD coin (USDC) is definitely worth considering. As long as the cryptocurrency landscape develops, the USDC is well placed to remain the guide in the stable room.
Liability Exclusion : This article only serves information for information and should not be considered an investment advice. Cryptocurrency prices can fluctuate quickly and unpredictably, so it is important to do your own research and consult a financial advisor before making decisions.