• Circle launches its stablecoin

    2 monthes ago - By Tech Crunch

    When Circle raised its $110 million funding round , the company used this opportunity to talk about its stablecoin - USD Coin, or USDC for short. And you can now buy, sell and send USD Coins on Circle Trade and Circle's exchange Poloniex .
    But what is a stablecoin? As the name suggests, 1 USDC is worth 1 USD. Unlike traditional cryptocurrencies, you can be sure that the value of USDC isn't going to fluctuate like crazy.
    There are multiple reasons why you'd want to use stablecoins. First, if you want to short cryptocurrencies without cashing out, you can convert your bitcoins or ethers to...
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