There are also many other dollar-backed stablecoins, such as USDT (Tether), Dai (DAI), and TrueUSD (TUSD). For a more detailed explanation of stablecoins, see our article USDT vs USDC: Which stablecoin should you use? Is USD Coin divisible? Like the fiat currency it’s pegged to, US...
ERC20 stands for a token standard that many coins like Tether, Chainlink, USDC, and BNB adhere to. What About Fiat Withdrawals? Most fiat withdrawals incur a fee. Here are some examples of Binance’s currency, withdrawal method, and fee structure for VIP 0 tier traders: Fiat CurrencyMethod...
Some stablecoins are backed by cash and cash equivalents; others are backed by noncash assets. Top stablecoins in use include Tether (USDT), USD Coin (USDC), Binance (BUSD), Dai (DAI), and True USD (TUSD). In the crypto economy, where transactions occur on a decentralized blockchain,...
1. Open the Uniswap app, and at the top, you’ll see the Swap interface. You’ll select the token you want to trade from (like USDC) in the “Sell” field.Select Token to Sell. Image Source: Uniswap Docs 2. Search for and select the token you wish to swap. You can browse ...
TrueUSD (TUSD) Market Cap: $0.495 Billion USD Price: $1.00 USD 1hr: -0.01% | 24hr: 0.13% | 7d: -0.09%Ethereum (ETH) Price at #100: $4.07 USD Current price at #2: $1,825.24 USD Difference: -100% 100 RANK Pyth Network (PYTH) Market Cap: $0.491 Billion USD Price: $0.14 ...
Step 5: Buy USDT or USDC Find USDT on the exchange. Enter the amount and confirm the purchase. How to Buy Tether (USDT) with a Credit or Debit Card? Buying Tether (USDT) with your credit or debit card is simple. Follow these steps to get started. ...
Dogecoin is bigger than the world’s second most popular stablecoin, USDC, which has a market cap below the $40 billion level. Donald Trump’s election victory served as the key catalyst behind the strong rally in memecoins. His team includes Elon Musk, who has repeatedly expressed his ...
USD Coin (USDC) Another stablecoin tied to the US dollar, USD Coin’s founders say its backed by assets held in an account that’s regulated by US government institutions. Binance Coin (BNB) BNB is the cryptocurrency unit of Binance, one of the largest crypto exchanges in the world. ...
USDC is traded on Coinbase, Poloniex, Binance, and other major exchanges like Huobi and Serum Dex. The stablecoin can also be used in several decentralized finance protocols. For example, you candeposit it in BlockFi and earn interest. Traders find it useful to hold USDC as a stable asset ...
USDC will maintain its value of $1. However,ETH’s pricewill fluctuate, which then affects the quantity of tokens on both sides of the pool. The number of ETH tokens will adjust based on the price of ETH relative to USDC and the number of USDC tokens will also change as users swap US...