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What is USDB platform (What is USDC)

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What is USD? B platform According to CoinMarketCap data, the market value of USD

What is USDB platform (What is USDC)

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.

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