Can you explain the underlying technology and mechanism behind USDC and USDT?
Sudhanshu BurileJan 03, 2025 · 7 months ago1 answers
Could you please provide a detailed explanation of the underlying technology and mechanism behind USDC and USDT? I would like to understand how these stablecoins work and what sets them apart from other cryptocurrencies.
1 answers
- sugarJun 20, 2022 · 3 years agoUSDC and USDT are stablecoins that aim to maintain a stable value against the US dollar. While USDC is built on the Ethereum blockchain and offers transparency through regular audits, USDT operates on multiple blockchains but has faced criticism for its lack of full reserve transparency.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
2 3119271Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01058How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 0835How to Withdraw Money from Binance to a Bank Account in the UAE?
1 0724Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0648Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0565
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More