< p>Startup Circle (which owns the cryptocurrency exchange poloniex), launches its tokenized dollar USD Coin (USDC).
The developers promise that it will soon appear on many crypto platforms, while it is currently involved on poloniex, trading will begin in the near future. So far, three cryptocurrency pairs are available:
Here is what the poloniex manual writes (translation)
< em>USDC is a fully secured stable US dollar. The USDC is a bridge between dollars and trading on exchange exchanges. You can get USDC via dollars via the Circle web app and transfer it to Poloniex. Trading in BTC, ETH, and USDT pairs will be activated soon.
In order to get the tokens you need to go to the page usdc.circle.com/start
The developers also promise to soon appear on the exchanges-CoinEx, XDAEX, OKCoin, Coinplug, KuCoin, DigiFinex and others. They write that the USDC will be easy to move (probably fast), for more convenient trading.
I think it is clear that this is a direct competitor to USDT, but time will tell whether it will displace it from the market or not. If it is really faster than tether, then it has a lot of chances.
I also advise you to read if you are both a miner and a trader, that is, an article where the best is indicated – mining exchange.