Apr 28, 2022
4 min read
Top 3 Cryptocurrencies from my portfolio
USD Coin (USDC)
Dollar (USD) linked to the US currency (USD Coin) 1:1 As a result, every single one of the $1 bills in circulation is backed by the $1 in reserve (a mix of short-term U.S. Treasury bonds and cash). According to the Centre Consortium, the USDC is “issued by licensed financial institutions.”
