Hello everyone,
I'm a bit new to cryptocurrency and I'm trying to understand how to use Gemini's Regulated US Dollar Coin (USDC) for stable transactions. I understand that it is a stablecoin, meaning that it is backed by US dollars, but I'm not sure how it works in practice. Does anyone have any experience with using USDC and can provide some advice?
I'm also curious to know how USDC transactions are stored on the blockchain, and whether there are any fees associated with USDC transactions. Is it a good option for transferring funds between two parties?
Any help or advice would be greatly appreciated.
I'm a bit new to cryptocurrency and I'm trying to understand how to use Gemini's Regulated US Dollar Coin (USDC) for stable transactions. I understand that it is a stablecoin, meaning that it is backed by US dollars, but I'm not sure how it works in practice. Does anyone have any experience with using USDC and can provide some advice?
I'm also curious to know how USDC transactions are stored on the blockchain, and whether there are any fees associated with USDC transactions. Is it a good option for transferring funds between two parties?
Any help or advice would be greatly appreciated.