// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> What is USD Coin (USDC), fiat-backed stablecoin explained – CoinsMegaNews

What is USD Coin (USDC), fiat-backed stablecoin explained

3 years ago CryptoExpert
What is USD Coin (USDC), fiat-backed stablecoin explained

[ad_1]

USDC offers instant payments, saves users from the cryptocurrency market’s price volatility and is audited by a regulated auditing firm, making it a transparent stablecoin. However, it does not offer price appreciation opportunities, and investors may incur high transaction and withdrawal fees while dealing with USDC.

One of the key advantages of the USD Coin is the speed of the transaction. Usually, one must wait a long time to send and receive USD because institutions such as banks and their complex procedures slow down the processing of transactions. Nonetheless, USDC allows instant clearing and settlement of payments.

In addition, stablecoins like USDC saves users from the price volatility of cryptocurrencies, as leading American financial institutions ensure that Circle’s reserves are 100% backed by the U.S. dollar or short-term treasuries at all times. Moreover, there are numerous digital asset exchanges where one may buy USDC. Many exchanges also enable the withdrawal of USDC across various blockchains.

Furthermore, using a cryptocurrency wallet, one can quickly make cross-border payments or remittances. Similarly, one can earn passive income by lending USDC on decentralized finance (DeFi) platforms like Aave.

Regardless of the above advantages, the USD Coin may not be an ideal investment asset for those looking to earn money from digital assets because USDC may not offer potential price appreciation opportunities to yield profits.

Also, some exchanges charge a high fee for withdrawing USDC stablecoin, and transaction fees may be higher than a typical bank transfer or a PayPal transfer for smaller transactions. Moreover, even if DeFi platforms offer more interest for each USDC lent, they are riskier, as evidenced by various crypto heists.

[ad_2]

Source link

More Stories

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

1 year ago CryptoExpert
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

1 year ago CryptoExpert
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic

Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic

1 year ago CryptoExpert
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

1 year ago CryptoExpert
Stablecoin Market Expands by $4.46 Billion in 12 Days

Stablecoin Market Expands by $4.46 Billion in 12 Days

1 year ago CryptoExpert
SAGA token price prediction; Bitbot follows in its footsteps

SAGA token price prediction; Bitbot follows in its footsteps

1 year ago CryptoExpert

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>

You may have missed

Finest Online Gambling Enterprises That Approve Bitcoin Deposits

9 hours ago xtw18387208b

9 hours ago xtw18387208b

Find the Best Real Money Casinos

9 hours ago xtw18387208b

9 hours ago xtw18387208b