What is USD Coin? – USDC Beginners Guide





USD Coin was developed in 2014 by the Centre consortium, a partnership between the Circle and Coinbase teams. USDC is a fiat-collateralized stablecoin. A stablecoin is a decentralized digital asset that lives on the blockchain and is pegged to a fiat currency to stabilize it against the volatility of other cryptocurrencies. One USD Coin is equal to one US Dollar. Watch our video to learn all about this digital asset.

Our BlockCard Learn video series is designed to provide a quick and easy to understand overview on some of the most popular concepts, terms and technologies available in today’s ecosystem. Thanks for watching, and please share these videos if you find them helpful.

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