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Cryptocurrency News Video

What Is USDC Crypto? | 2024 Stablecoin Edition

Jul 18, 2024 at 04:39 pm Exodus

THIS CONTENT IS NOT INTENDED OR SUITABLE FOR INDIVIDUALS RESIDING IN THE UK. Please see https://www.youtube.com/@Exodus-UK . Please take two minutes to learn more and visit our UK-specific page https://uk.exodus.com/uk-regulations/


What is USD Crypto Stablecoin? In this video we cover USDC crypto as the new Stablecoin on the block and how it relates to Tether USDT. What it means to be pegged to the US dollar and why you can use it to mitigate crypto losses.

USDC, or USD coin, is a stablecoin that is pegged to the price of the US dollar. It basically means that the value of the token is artificially kept at the same price, which in this case, is one US dollar.

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