USD Coin opinions
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So far,1 of opinions have been recorded for USD Coin. These opinions are not investment recommendations but the community's perspective on USD Coin. Please do not make a purchase decision based on these USD Coin opinions.
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USD Coin opinion #1
In the last days, I reviewed for you the USDT as a Stable Coin. This review wasn't that positive. Now I review USDC for you. As you can see, it is a so called stable coin. Stable coins are bound to a fix value. In the case of the USDC, one dollar is equal one USDC. But why, do I rate this coin more positive than Tether? This is easy to answer. USDC is pretty transparent. You can see, that the amount of money that they need to keep the price at one dollar is really available. Every week, I guess, a big bank is checking, if the money is really available. So it is verified that they really own the amount of dollars, that they have given out in USDC. That is great and very trustworthy in my oppinion. That is the reason why I prefer USDC over the USDT.