#USD Coin

[highher]

💐🌺🌝 Mexico City, cdmx

[fultocks]

What is USD coin? Is it a good investment?

USD Coin (USDC) is a stablecoin launched in 2018 by Circle, a US-based financial technology company. USDC is a digital currency that is pegged to the US dollar, so one USDC is equivalent to one US dollar. It is designed to provide users with a more stable alternative to other cryptocurrencies that are known for their volatility. USDC can be used in a variety of applications, such as remittances, peer-to-peer payments, and cross-border transactions.

USD Coin has earned the status of being a highly accepted form of cryptocurrency, owing to its impressive attributes, long-term prospects, and solid foundations. Its peg to the US Dollar guarantees a trustworthy asset for its investors. Furthermore, it boasts low transaction costs, remarkable liquidity, and prompt processing times, which is why it is favoured by so many users. Decentralized by nature, USD Coin offers greater control to its users, while also protecting them from any sort of governmental or central intervention.

The future is promising for USD Coin, as more and more companies and organizations are beginning to accept it. Moreover, the integration of leading-edge technologies, such as blockchain, is going to further solidify its success. On the global scale, USD Coin has also earned an esteemed place, due to the rising demand for its investment.

Undoubtedly, USD Coin has established a dependable structure that offers high value and low volatility. This is thanks to its tie to the US Dollar, and its limited availability which guarantees growth in value over time.

To summarize, USD Coin presents an exceptional opportunity for those seeking a safe and dependable form of cryptocurrency. Its distinguished features, far-reaching prospects, and steadfast foundation make it a top pick for investors from all levels.

[mskcard]

Buy virtual card with bitcoin and get #discount

Unlimited transition and Buy virtual credit card with cryptocurrency

[dencyemily]

TRON's Protocol Revenue Spikes After Circle's USDC Exit: Report Highlights

In a groundbreaking turn of events, Tron's (TRX) blockchain network has experienced an unprecedented surge in daily protocol revenue, soaring to an all-time high of $2 million on February 20. This remarkable surge aligns with Circle's announcement of discontinuing USD Coin (USDC) offerings on the Tron blockchain, revealing the intricate dance between network dynamics, market sentiment, and strategic decisions within the blockchain realm.

Protocol Revenue and Active Network Participation:

At the core of Tron's surge lies the protocol revenue, primarily generated from transaction fees that result in the burning of TRX tokens. On the pivotal day, Tronscan data unveiled the removal of 13 million TRX coins from circulation, underscoring heightened network activity. The surge in protocol revenue serves as a testament to the network's adaptability in response to external events.

Circle's Strategic Move and Market Ripple Effects:

Circle's strategic decision to halt USDC minting on Tron aimed at upholding the stablecoin's integrity in terms of trust, transparency, and security. Speculation arises that the surge in protocol revenue might be linked to USDC holders swiftly withdrawing their stablecoins amid concerns of a potential de-pegging event. This episode illuminates the profound impact strategic decisions by major players can have on the dynamics of blockchain networks.

Active Addresses and Nuanced Adoption Trends:

In the aftermath of Circle's announcement, there was a noticeable surge in the daily count of active addresses on the Tron network. With over 2.07 million active accounts engaging in transactions by February 22, there was an 8% uptick since the USDC discontinuation. However, despite the increase in active addresses, there's a subtle shift in new demand for the Tron network, suggesting nuanced changes in adoption trends.

Navigating Network Growth and Transactions:

While Tron experienced a decline in the number of new accounts gained, dropping from 193,000 to 188,000 by February 22, the surge in daily active accounts correlated with an increase in daily transactions on Tron. A 4% uptick in transactions has been observed since Circle's departure from the chain, showcasing the network's resilience amid strategic shifts.

Market Performance Amidst the Ripple:

As of the latest data, TRX is trading at $0.1375, indicating a marginal 0.87% decline in the last 24 hours and a modest 0.22% uptick in the preceding week. This surge in Tron's protocol revenue offers a glimpse into the intricate dynamics that mold the decentralized finance and blockchain landscape. It highlights the influential trifecta of market sentiment, strategic decisions, and network behaviors that shape the trajectory of blockchain ecosystems.

[ganganews]

Ferrari has announced its decision to accept payments in the form of cryptocurrencies for its luxury cars.

[dps7exchange]

Save Time and Money: Trusted Dollar Buy-Sell Websites in Bangladesh

Top Reliable Online Platforms for Buying and Selling Dollars in Bangladesh

[zealoushologramtree]

🚀 Ready to Dive into Crypto Trading? Join TheExchang Today! 🚀

👋 Hey there, crypto enthusiast! Are you eager to explore the world of cryptocurrency trading? Look no further! TheExchang is your gateway to seamless and secure trading.

🔥 Register now using the link below and unleash the potential of crypto trading:

https://www.theexchang.com/user/register/elayne0905

💰 Experience the perks:

✅ Instant access to a wide range of cryptocurrencies.

✅ User-friendly interface for beginners and experts alike.

✅ Cutting-edge security features to keep your assets safe.

✅ Exciting referral program to earn while you trade.

🌐 Join a vibrant community of traders and stay updated with the latest market trends. Start your journey towards financial freedom today!

⏳ Don't miss out—click the link and create your account on TheExchang:

https://www.theexchang.com/user/register/elayne0905

📈 Embrace the future of trading with TheExchang. Your crypto adventure awaits! 📈

#CryptoTrading #JoinTheExchang #Blockchain #FinancialFreedom #bitcoin #cryptotrading #cryptocurrency #trading #crypto #blockchain #financialfreedom #jointheexchang

[digitalasset]

USD Coin (USDC): Understanding and Leveraging the Stablecoin

In this comprehensive guide, we delve into the world of USD Coin (USDC), a prominent stablecoin pegged to the US dollar. We will explore its creation, uses, benefits, and how it has emerged as a vital player in the cryptocurrency space. Furthermore, we will discuss the role of stablecoins in the broader financial ecosystem and provide practical insights on how to leverage USDC for various purposes.

Introduction to USD Coin (USDC)

USD Coin (USDC) is a digital stablecoin pegged to the United States dollar (USD) on a 1:1 basis. Launched in September 2018, USDC is an ERC-20 token issued on the Ethereum blockchain. It was created through a collaboration between Circle Internet Financial and Coinbase, two prominent names in the cryptocurrency industry. Their joint venture, called Centre Consortium, is responsible for the governance, issuance, and auditing of USDC.

How Does USDC Work?

USDC operates as a fully collateralized stablecoin. For every USDC token issued, there is an equivalent amount of US dollars held in reserve by regulated financial institutions. These reserves are subject to regular audits to ensure transparency and trust in the system.

Issuance and Redemption

To mint new USDC tokens, users deposit USD with one of the approved issuers, who then create an equivalent number of USDC tokens. When users wish to redeem their USDC tokens for USD, they return the tokens to the issuer, who destroys the tokens and releases the corresponding USD amount.

Token Smart Contract

As an ERC-20 token, USDC operates on the Ethereum blockchain, utilizing smart contracts for its issuance, redemption, and overall management. This ensures security, transparency, and interoperability with other Ethereum-based applications and services.

Benefits of Using USD Coin

There are several advantages to using USD Coin as a stablecoin, including:

Stability: By pegging USDC to the US dollar, it offers stability against market volatility typically associated with cryptocurrencies.

Transparency: Regular audits ensure that there is a 1:1 backing of USD for every USDC token in circulation.

Speed: USDC transactions are faster and cheaper than traditional bank transfers, particularly for international transactions.

Interoperability: As an ERC-20 token, USDC is compatible with a vast ecosystem of Ethereum-based applications and services.

Regulated: USDC is issued by regulated financial institutions, which provides a degree of trust and compliance with established financial rules.

How to Acquire and Store USDC

Acquiring and storing USDC is a simple process that involves the following steps:

1. Choose a USDC-compatible Wallet

Select a wallet that supports ERC-20 tokens, such as MetaMask, MyEtherWallet, or Coinbase Wallet. These wallets enable you to store, send, and receive USDC securely.

2. Purchase USDC

You can obtain USDC through several methods, including:

Cryptocurrency exchanges: Major exchanges like Coinbase, Binance, and Kraken offer USDC trading pairs. You can purchase USDC using other cryptocurrencies or fiat currencies, depending on the platform.

Peer-to-peer (P2P) platforms: Services such as LocalCryptos allow you to buy USDC directly from other users.

Direct issuance: Some regulated institutions, such as Circle, offer direct issuance and redemption of USDC.

3. Transfer USDC to Your Wallet

After purchasing USDC, transfer it to your chosen wallet for safekeeping. Ensure you use the correct wallet address to avoid losing your tokens.

USDC Use Cases

USD Coin offers a range of applications, such as:

Cross-border transactions: USDC enables fast, low-cost international money transfers without the need for traditional banking systems.

Remittances: Send money to friends and family across borders with reduced fees and processing times.

Store of value: Hold USDC as a stable asset during periods of cryptocurrency market volatility.

E-commerce: Use USDC for online purchases and payments, leveraging the speed and security of blockchain technology.

USD Coin and DeFi

USDC plays a significant role in the decentralized finance (DeFi) ecosystem, with applications in:

Lending platforms: Earn interest on USDC deposits through lending platforms like Aave or Compound.

Decentralized exchanges (DEXs): Trade USDC on DEXs such as Uniswap and SushiSwap for seamless, decentralized token swaps.

Stablecoin pools: Provide liquidity to stablecoin pools on platforms like Curve Finance to earn trading fees and governance tokens.

USDC vs. Other Stablecoins

While USDC is a popular stablecoin, it is not the only one on the market. Other stablecoins include Tether (USDT), TrueUSD (TUSD), and Paxos Standard (PAX). Key differences between USDC and its competitors include:

Transparency: USDC's regular audits provide a higher degree of transparency compared to some other stablecoins.

Regulation: USDC is backed by regulated financial institutions, instilling more confidence in its stability and compliance.

Ecosystem: As an Ethereum-based ERC-20 token, USDC benefits from the extensive Ethereum ecosystem, including DeFi applications and services.

Frequently Asked Questions

Is USDC safe?: Yes, USDC is considered safe due to its 1:1 backing by USD, regular audits, and issuance by regulated financial institutions.

Can USDC's value fluctuate?: USDC's value can fluctuate slightly, but it is generally stable due to its USD peg and collateralization.

Are there fees associated with USDC transactions?: Yes, USDC transactions on the Ethereum network require gas fees, which depend on network congestion and transaction complexity.

Conclusion

USD Coin (USDC) has emerged as a prominent stablecoin in the cryptocurrency market, offering stability, transparency, and interoperability. Its role in the Ethereum ecosystem and decentralized finance (DeFi) space has further solidified its position as a valuable digital asset. With a wide range of use cases, from cross-border transactions to participating in DeFi protocols, USDC presents an attractive option for those looking for a stable, reliable, and versatile digital currency.

By understanding the fundamentals of USDC and how it operates within the broader financial ecosystem, you can make informed decisions and leverage this stablecoin for various purposes. As the world of digital currencies continues to evolve, USD Coin is poised to remain an integral part of the landscape, providing stability and utility in a fast-paced and ever-changing environment.

[spamreports]

Fake Circle USDC

🔵Circle: Redemptions at a 1:1 USD rate for $USDC Have Opened - FAKE SCAM🚫

🎭There are scams related to the USDC depeg, awards, 1:1 exchange to USD and so on - be careful!

🛑Don't fall for them, they are wallet drainers!

SCAM baseonusdc.com SCAM circle-bonus.com SCAM circle-gifts.co SCAM circle-usdc.com SCAM circleairdrops.org SCAM claim-circle.beepie-crap.com SCAM claim-circle.com SCAM claims-circle.com SCAM claimusdc.net SCAM clrcleusdcswap.com SCAM coinbasecircle.com SCAM raffle-circle.com SCAM redeem-circle.com SCAM usdc-circle.com SCAM web3claim.network SCAM web3claimer.net SCAM web3drop.net

[ahbap-org]

We are a group of volunteers to help in Turkey/Syria to give support to civilians, women, children and many people are left with nothing, we are trying to help them with basic goods after the banks have been blocked. We ask for your help with cryptocurrency donations 🙏

Thank you all and let us pray together for Turkey and Syria

People Are Sending Millions in Bitcoin to Aid Turkey God bless you 🙏

*UK Humanitarians: bitcoin.co.uk or localbitcoins.com or bitcoin.com but always use the first site

*USA Humanitarians: bitcoin.com

*Spain: coinbase.com

*Italian: conio.it or bitcoin.com

*Germany: www.btcdirect.eu

Donation addresses:

==================

0x5799Ce69143957C4bbc366d543D449517B8432Aa

==================

BTC:

bc1qdcsysaxn2cpk7aj62z2r2kk0awlpyrh2dnshwl

==================

USDT(trc20) :

TR4yCMREsnS5Kztwt1qCFrJpF9L4kNYGjh

==================

Solana:

BVGjRfWAPUvDPewjV643wJFrfQgpANam2Usxr2PWLyf1

==================

[hippowallet]

Download the latest version of the Hippo Wallet, today! What's new in the latest update of the app? New Multi-sig Wallets (Litecoin, DogeCoin, Bitcoin Cash) New tokens (USDT, USDC) Connect to Node UX improvements Pretty impressive, right? Download Hippo Wallet, now! https://hw-gsearch.onelink.me/9uIY/d3a0f8ix

[mskcard]

Buy virtual card with bitcoin and get #discount

Unlimited transition and Buy virtual credit card with cryptocurrency

[dencyemily]

The Impact of Innovation: How Stellar and IRC Are Transforming Aid Distribution

Stellar's partnership with the International Rescue Committee (IRC) and the introduction of Stellar Aid Assist mark a significant stride in achieving humanitarian resilience in the digital age. In response to the complex challenges faced by individuals in crises, particularly in Ukraine, the collaboration between the Stellar Development Foundation (SDF) and IRC exemplifies how technology can enhance aid distribution and financial assistance.

The Stellar Aid Assist initiative, fueled by the Stellar blockchain, showcases a resilient and adaptive approach to humanitarian aid. By harnessing the potential of a digital dollar backed by blockchain technology, the program ensures swift, secure, and transparent delivery of cash assistance. This not only expedites the relief process but also empowers recipients with the ability to manage and safeguard their funds through digital wallets on their smartphones.

In navigating the intricacies of conflict zones, the program eliminates the need for physical cash storage and transportation, introducing a level of safety and efficiency that is paramount in humanitarian operations. Moreover, the inclusivity of this digital solution ensures that individuals without access to traditional banking services can still receive and utilize cash assistance, fostering financial resilience.

Stellar Aid Assist serves as a beacon for future innovations in humanitarian aid, showcasing the resilience and adaptability that technology can offer in addressing the evolving needs of crisis-affected populations. This collaboration highlights the potential for digital solutions to play a pivotal role in building a more resilient and responsive humanitarian framework, marking a positive step forward in the digital age.

[satheeshsankaransblog]

Top 10 cryptocurrency for 2023. Bitcoin, Ethereum, Binance, Cardano, USD Coin, Tether, Dogecoin, Polygon, XRP and Binance USD.

[dps7exchange]

Dps7.com Dollar Buy Sell BD website l Trusted Digital payment Services online platform in Bangladesh l

[skillsahihai]

Robinhood, Circle to Allow Customers to Trade USD Coin: Details

Robinhood, Circle to Allow Customers to Trade USD Coin: Details

Robinhood Markets Inc said on Wednesday it has joined forces with crypto firm Circle to provide customers the option to buy and sell stablecoin USD Coin (USDC) on the brokerage’s platform. The addition of USDC brings the total number of assets available to buy and sell through Robinhood Crypto to 17, and is the first stablecoin listed on the app, the company said. USDC, which is principally…