What is USDB platform (What is USDC)
What is USD? B platform According to CoinMarketCap data, the market value of USD
What is USD? B platform According to CoinMarketCap data, the market value of USDB is $100 million. Compared with other stablecoins, USDB has lower volatility and higher reserve capacity, so users can use it to pay for goods and services or directly purchase fiat assets from exchanges.
It is reported that USDB is one of the largest stablecoin platforms in the world, currently operating in Singapore, Japan, and Korea; in addition, Binance is also a leading digital financial services institution, providing token trading services such as Bitcoin Cash and custody wallet services. (BlockBeats)
What is USDC
USDC is a global digital currency aimed at providing consumers around the world with a frictionless, secure, and fast way to access financial services.
According to official website information, “HSBC: Issuing blockchain-based encrypted stablecoin” mentions that “many new participants have emerged in the field of international trade settlement.”
In addition, USDC is also pegged to the US dollar, regulated by the New York State Department of Financial Services (NYDFS), and supported by multiple government agencies such as the Securities and Exchange Commission (SEC) and the Financial Conduct Authority (FCA) in the UK. (https://www.cointelegraphcn/)
USDC is a peer-to-peer cash payment system (i.e., electronic currency) that allows individuals to transfer funds through banks or mobile devices without the need for direct use of third-party intermediary platforms. This account can be used for transfers, including sending payments to retail customers or receiving payments from other entities, such as accepting checks and other small loans.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22662/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Bitcoin Financial Service Provider Unchained Nets $60 Million in Latest Investment Round
According to reports, Bitcoin financial service provider Unchained announced the completion of a $60 million B-round financing, with Valor Equity Partners leading the investment an
-
Unity in Decentralization: The Importance of Collaboration in the Crypto Industry
On February 15, CZ forwarded a report published by Globe Banner on Twitter entitled \”Galaxy CEO: \’We need to Cheer for Binance\’\”, and said that decentralizatio…
-
What does Big Fire Coin mean
What is the meaning of ‘big money’? The meaning of ‘big money’ is: when the market is not good, it can be used as’ soaring ‘or’ falling ‘. For example, many friends are now paying attention to the price increase of Bitcoin. However, due to the unstable market situation, many people are unable to invest in a timely manner. So there are two reasons for big money, one is to buy some Bitcoin assets during a bear market; The second reason is that if the market is too weak, they will choose to sell a portion, resulting in serious losses. Therefore, big money is also a way of profit or a means of speculation.
-
Starbucks’ Holiday Cheer Edition 1 Stamp NFT Reaches a Selling Price of $1000
According to reports, Starbucks\’ Holiday Cheer Edition 1 Stamp has reached a selling price of $1000 in the Odyssey NFT market. It is reported that the series has only issued 5000 u
-
What were the reasons for the bull market in the cryptocurrency market in 2017 (how many days did the bull market last in 2017)?
In 2017, what were the reasons for the bull market in the cryptocurrency market
-
Federal Reserve Hike in Interest Rates Causes Intraday Volatility in US Stocks
According to reports, the Federal Reserve announced a 25 basis point hike in interest rates, causing intraday volatility in US stocks. The late afternoon plunge led to a collective
-
Renaming of Russian Blackmail Software Groups in 2022: TRM Labs Report
It is reported that the blockchain intelligence company TRM Labs revealed that some major blackmail software groups related to Russia were renamed in 2022 to a…
-
Federal Reserve Chairman Powell: We are continuing to significantly reduce our balance sheet
According to reports, Federal Reserve Chairman Powell: We are continuing to significantly reduce our balance sheet.
Federal Reserve Chairman Powell: We are continuing to significan -
Blur Founder Confirms Switch Support After Mobile Launch
On March 1, Pacman, the founder of Blur, responded on social media to the user\’s question of \”when can I use Blur on Nintendo Switch\”, saying that support for …
-
Rise in Difficulty Level Signal Positive Growth for Bitcoin Network
It is reported that BTC.com data shows that at present, the number of unconfirmed transactions in the whole network of Bitcoin is 7117, the computing power of …
-
What do mining machines need (Do mining machines need someone to watch over them)?
What do mining machines need? What does Bitcoin mining require? It mainly inclu
-
Whale Alert Data Shows a Major Bitcoin Transfer to Coin An: What Does This Mean for The Cryptocurrency Market?
According to reports, Whale Alert monitoring data shows that at 13:33:08 Beijing time, 2000 Bitcoins (approximately $60 million) were transferred from unknown addresses to Coin An.
-
Tender.fi Suspected in Ecological Lending Attack
On March 7, the Arbitrum ecological lending agreement Tender.fi was suspected to be under attack. The official said in a message on social media that an unusua…
-
What is LCH Coin (lmch Coin)?
LCH Coin, also known as Bitcoin Cash (BCH), is a digital currency based on Ethe
-
What is kan currency (what kind of currency is k)?
What kind of currency is kan? According to official announcements, kan is a type
-
Ethereum Domain Name Service Launches Name Wrapper App on Goerli Test Network
On March 4, according to the official Twitter, the Ethereum domain name service ENS announced the launch of a new app that supports Name Wrapper. At present, t…