Alan Shaw
United Kingdom
Alan's Interests
I am a Bitcoin Collector
Alan's Team
Alan (Bisnet) is a member of the Champions team

  • Alan's Blog

  • May 18th 2023 at 4:12 PM
    Buy USDC

    Welcome to Blockchain Briefs, breaking down crypto's top projects in bite-size bullets.

    This week, we cover: USD Circle (USDC)

    Blockchain Brief: USD Circle (USDC)
    USDC is a stablecoin backed by a reserve of cash and short-term U.S. treasury bonds.
    Pegged to $1 of value, USDC is redeemable on a 1:1 basis for US dollars.
    USDC serves as the backbone of decentralized finance and gaming protocols.
    Use cases of USDC
    Payments. The creators of USDC envisioned an inclusive, borderless economy where exchanging value could be as easy as sending texts or emails.
    Inflation haven. In countries facing hyperinflation such as Argentina or Nigeria, many individuals convert their wealth into USDC and other stablecoins to protect their eroding wealth.
    Why is USDC getting attention?
    Regulation. Many inside the crypto complex see 2022 as a defining year for crypto legislation, and many believe stablecoin issuers will be in the crosshairs with US President Joe Biden calling the matter one of "national security".
    Stability. When markets top or tumble, crypto investors looking to take profit or go "risk off" during volatility will likely choose reputable stablecoins like USDC.
    Learn more about stablecoins and follow us on:
    YouTube
    Instagram
    TikTok

    add a comment
    You must Login to add a comment.
Alan's RSS Feed
Where does ETN go from here
Nov 6th 2025 at 12:58 AM
Where do you go from here.
Aug 9th 2025 at 4:18 AM
How To Make Money Online
Jun 29th 2025 at 11:59 PM
What is Eazy Traffic About
May 20th 2025 at 6:01 AM
Alan's Friends
showing 20 of 76 total friends