What is USDC? (Stable Coin and Digital Cash)
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What is a stablecoin? It is a digital coin that aims to keep a fixed value, usually $1, and it is often backed by something real like the US dollar. USDC and USDT are two well-known examples. Stablecoins are used to avoid the price swings of other cryptocurrencies. But if a coin loses its peg, its value can fall quickly. Follow for more crypto explainers that keep things simple. #Stablecoin #Crypto #USDC #USDT #cryptok #Blockchain | IG
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