Review on USD Coin by Jeff Shaw
excellent USD stable coin
USDC is a USD stable coin on the ethereum blockchain. With ethereum the blockchain of decentralized finance (or Defi), USDC is widely used on defi protocols including Compound, DyDx, Uniswap, and most recently a collateral Makerdao. USDC is widely available on exchanges, has high liquidity, and backed by trusted entity Coinbase.
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Pros
- back by the most trusted name in crypto; Coinbase
- liquidity
- stable peg to 1 usd
- available on many exchanges
- available on uniswap dex
Cons
- centralized custodian
