Nubank USDC Digital Dollar VS Savings VS CDB 100 CDI | Which is worth + and how much yields 1000

Nubank USDC Digital Dollar VS Savings VS CDB 100 CDI | Which is worth + how much yields 1000 #nubank #bybit #usde --------------------------------------------------------------------------------------------------------- --------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------------- .com group of nonconformists: https://chat.whatsapp.com/fxovwqssxrl2kg1ssxaaaf my indication link Bybit: https://partner.bybit.com//inchonform video step by step usde bybit: https://youtu.be.be /ZWB7A0ZKPYG VIDEO Step by step USDC Nubank: https://youtu.be/pp8-nvtmius ----------------------------------------------------------------------------------------- --------------------------------------------------------------- -----------------------------------------------------------------------------------------------------------------------------------------wayulate The person: Instagram: https://www.instagram.com/brunoa.faria/ linkedin: https://www.linkedin.com/in/bruno-a-faria-11b058137/ tiktok: http: //www.tiktok .com/@brunoa.faria -------------------------------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------- ------------------------------- What is and how does a stablecoin work? The literal translation for the name Stablecoin is "stable currency." So, as its name implies, Stablecoin is a type of crypto with low volatility. In other words, her price does not oscillate much over time. This high variation in the price of cryptocurrencies is even one of the characteristics that pushes many people from these assets away. After all, the chances of making a lot of money are proportional to the risks of losing. For a stablecoin to really have value, it is very important that the cryptocurrency station has reservations of the asset used as a reference equal to or higher than the digital currencies emitted. In the case of USDC, for example, Circle, the cryptocurrency company, issued $ 24.4 billion in digital currencies backed in the US dollar until this text was closed and therefore has a financial reserve in the same amount stored in traditional financial institutions. What is USDC (USD coin)? USDC is a Stablecoin launched in 2018 by Circle and Coinbase companies. It was built at Blockchain Ethereum and is also backed in US dollars. This means that each USDC is worth exactly $ 1 (one dollar). Therefore, its price varies according to the dollar price. From the beginning, the USDC focus is transparency. All Stablecoin reserves are audited monthly by independent companies to attest that the money warranty for digital currencies really exists. Circle and Coinbase maintain this reserve in US Treasury dollars and titles, deposited in financial institutions regulated by the Central Bank of the United States. In addition, information about the composition of this reserve is public and can be consulted on the USDC website. How did USDC come about? USDC was created by Center, a company formed from a partnership between the US Exchange Coinbase and the Circle Financial Technology company. The motivation behind the creation of this cryptocurrency was to offer a digital alternative to traditional money, allowing fast and efficient transactions in blockchain. What are the advantages of USDC? Solidity. Because it is a stablecoin, USDC is backed, ie it is guaranteed by a real asset: the US dollar. This feature makes it a safer option for those who have this digital asset, as it has less volatility compared to other cryptocurrencies; Accessibility. Another ease is that USDC can be acquired without the need for a global account, as well as its issuance is regulated by competent bodies and with independent audit process; Most stable price. The value of the USDC is linked to the US dollar. Therefore, he does not suffer from wide variations. This provides greater predictability to users. This cryptocurrency is even used by many people from weaker coin countries as a way of investing in dollars to protect the assets from devaluation against the US currency; Transparency. Stablecoin USDC is focused on transparency. One of its great differentials is that the issuance of this cryptocurrency is regularly audited by independent companies to ensure that Circle actually has an equivalent dollar value stored in accounts of financial institutions regulated by the United States government; Important partners. Part of the USDC assets are in the back of the US bank BNY Mellon, which in turn are managed by Blackrock, one of the world's largest investment management companies; Liquidity. In general, stablecoins offer high liquidity. This means that it is easier to buy, sell or exchange stablecoins for other assets or coins.