What is USD Coin (USDC), fiat-backed stablecoin explained By Cointelegraph
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Despite the fact that the is subject to regulatory oversight, investors must weigh the pros and cons of investing in stablecoins before committing any funds.
Comparing USDC with USDT, USDC is subject to regulations as it is audited from time to time, and Circle is fully transparent about its operations. However, investing in the cryptocurrency market, even in stablecoins, has its own cons. For instance, the price of the USD Coin will never appreciate as it is pegged to the U.S. dollar.
Continue Reading on Coin Telegraph
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Despite the fact that the is subject to regulatory oversight, investors must weigh the pros and cons of investing in stablecoins before committing any funds.
Comparing USDC with USDT, USDC is subject to regulations as it is audited from time to time, and Circle is fully transparent about its operations. However, investing in the cryptocurrency market, even in stablecoins, has its own cons. For instance, the price of the USD Coin will never appreciate as it is pegged to the U.S. dollar.
Continue Reading on Coin Telegraph
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