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Ha Noi
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45 Review
66 Karma

Review on USD Coin by Viet Pham

Revainrating 5 out of 5

USD coin is one of the most famous stablecoins

USD coin is a stablecoin that is always valued at 1 dollar, issued by a large US company and verified its liquidity and supported by US law.This is the famous stablecoin after USDT Listed on many famous exchanges, it runs on the standard ERC20 platform

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Updated 4 years ago
Rating has not been changed
USDC has the following features:
Transparency: The source code of USDC is open, all issuance activities and the number of USDC coins are publicly disclosed and verified by leading auditing companies.
High liquidity: Users can convert USD to USDC and vice versa at any time with a ratio of 1: 1, just through the Center's KYC / AML process.
Creating credibility: Circle is one of the $ 3 billion-valued technology companies, and is licensed to operate by the New York Stock Exchange (NYSE).

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Pros
  • Guaranteed by Circle company
  • High liquidity, listed on many exchanges
  • Supported by laws and US banks
Cons
  • limit USDC to USD conversion for non-US citizens

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