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Web3 & crypto basics

Stablecoin / USDC

A token pegged 1:1 to USD; how most #Name and keyword crypto checkouts settle.

A stablecoin is a token whose price is held at a fixed value, almost always 1 US dollar. USDC and USDT are the two largest. Stablecoins are how hashtag.org settles crypto checkouts without exposing buyers or sellers to BTC/ETH price swings during the transaction — $19 in USDC stays $19.

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