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Profitosx24 believes crypto will be part of the solution for creating an open financial system that is both more efficient and more equitable. We co-founded the Centre Consortium in 2018 to invest in the build of USDC, and since then it has become the second largest stablecoin by market capitalization.
What is USDC?
USDC is a type of cryptocurrency that is referred to as a fiat-backed stablecoin, meaning it is backed by reserve assets in the traditional financial system, such as cash, cash equivalents, or securities. In the case of USDC, it is designed to be pegged to the US dollar and redeemable 1:1 for US dollars.
