Cryptocurrency Q&A
Is USDC the same as ETH?
Is USDC the same as ETH?
EthereumEagleGuard
Mon May 13 2024
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6 answers
1078
I'm curious about a question that's been bugging me for a while. Could you please clarify if USDC and ETH are interchangeable or essentially the same thing? As I understand, USDC is a stablecoin pegged to the US dollar, providing stability and predictability in volatile crypto markets. On the other hand, ETH is the native token of the Ethereum blockchain, powering smart contracts and decentralized applications. However, I've heard some people use them interchangeably, and it's got me quite confused. Could you please explain the difference between the two, and why they shouldn't be treated as the same?
6 answers
Carlo
Wed May 15 2024
The present worth of 1 USDC has decreased by -0.49% compared to its exchange rate with ETH over the past 24 hours.
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CryptoProphet
Tue May 14 2024
Among its diverse offerings, BTCC provides spot trading services, allowing users to buy and sell cryptocurrencies at current market prices.
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Daniele
Tue May 14 2024
To convert USDC to ETH promptly, you can create a free Kraken account today.
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SeoulSerenitySeekerPeaceLover
Tue May 14 2024
Additionally, BTCC also offers futures trading, enabling investors to speculate on the future prices of cryptocurrencies.
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Maria
Tue May 14 2024
At the current market rates, 1 USDC is equivalent to 0.00033 ETH.
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