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Circle & USDC: Building a Stable Platform

"Age of Miracles"

00:00

Why Stable Coins Are Important to Cryptocurrencies

Circle has opted to grow reserves rather than chasing yields in order to grow revenue, win trust. The most obvious benefit of stable coins relative to more volatile tokens is just that their stability. If both parties in a transaction can reasonably assume that one us. T c equals one dollar, they can transact like they would in dollars.

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