USDC is a great option for traditional investors looking for a low-beta investment that can generate returns better than CDs . This low-beta investment can also reduce the portfolio’s overall risk which can help match the portfolio’s risk profile with the investor’s risk appetite.
Read moreWhat is a USD Coin worth?
USD Coin price analysis | ETMarkets. … USD Coin Price Update. USD Coin PriceValueToday/Current/Last77.571 Day Return0.07%7 Day Return-1.53%USD Coin price live today – Cryptocurrency – The Economic Times m.economictimes.com › usd-coin-price › cryptodetail › symbol-usdc
Read moreIs USD Coin real?
USD Coin (USDC) is a digital stablecoin that is pegged to the United States dollar . USD Coin is managed by a consortium called Centre, which was founded by Circle and includes members from the cryptocurrency exchange Coinbase and Bitcoin mining company Bitmain, an investor in Circle.
Read moreWhat is USD coin used for?
In a nutshell, USD Coin is a service to tokenize US dollars and facilitate their use over the internet and public blockchains . Besides, USDC tokens can be changed back to USD at any time.
Read moreCan you buy Terra USD Binance?
Binance will list Spell Token (SPELL) and TerraUSD (UST) and will open trading for SPELL/BTC, SPELL/BUSD, SPELL/USDT, UST/BTC, UST/BUSD, and UST/USDT trading pairs at 2021-12-24 08:00 (UTC).
Read moreWhich crypto coin is the cheapest?
Dogecoin (DOGE) The coin is certainly “cheap” at under $0.15 per coin as of March 8, especially compared to its 52-week high of $0.7376. At $0.119, the current price is the lowest dogecoin has seen in over 11 months.
Read moreWhat is TerraUSD?
TerraUSD is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00 . Unlike centralized stablecoins, UST isn’t backed by US dollars in a bank account. Instead, in order to mint 1 TerraUSD, US$1.00 worth of TerraUSD’s reserve asset (LUNA) must be burned.
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