I recently heard about this concept called 'circle stable coin' and I'm curious to learn more about it. Could someone explain what a circle stable coin is and how it works in the cryptocurrency world?
7 answers
Bianca
Sat Nov 02 2024
Despite this goal, USDC has experienced occasional instances of de-pegging from the dollar.
Dario
Sat Nov 02 2024
As an ERC-20 token, USDC operates within the
Ethereum blockchain ecosystem.
NebulaPulse
Sat Nov 02 2024
USDC is a stablecoin jointly developed by Coinbase and Circle.
DaeguDivaDanceQueenElegance
Sat Nov 02 2024
It is also known by the name USD Coin.
Claudio
Sat Nov 02 2024
This classification allows USDC to leverage the security and decentralization of the Ethereum network.