What does CDC coin mean (what currency is CDP)
What does CDC coin mean? It has the same meaning as CBDC, but the difference is that its total issuance has been halved from 1 billion to 1 million In Chinese, it means “decentralization”. Simply put, it is a new payment tool that uses community autonomy to destroy or exchange DC tokens in circulation for new digital currencies, thereby achieving benchmarking of cash and points systems. For public chains such as Bitcoin and Ethereum, this transaction mode can enable users to obtain more rights and interests or asset returns
What is cdp
Digital currency Cdp (savings points) is a Stablecoin that completes real-time settlement through point-to-point payment system, and is issued by the decentralized financial platform Dharma. In this system, users can deposit their Cryptocurrency into bank accounts for transfer transactions. At the same time, it can also be used as a conversion tool between other tokens or services According to the introduction, CDP is a branch of distributed accounting technology and a universal application for recording, transferring, and verifying data. (CoinDesk).
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