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#quiz &
#earn 0.52
$USDC ššŖššÆ : What feature makes USDC distinct from other cryptocurrencies?
š¼š£šØš¬šš§ : Its value is backed by US dollars.
ššŖššÆ : Which of the following best describes the use cases of USDC?
š¼š£šØš¬šš§ : USDC allows for quick peer-to-peer transactions, can be spent with merchants, and is used for trading.
ššŖššÆ : Select an advantage of using USDC over traditional banking methods.
š¼š£šØš¬šš§ : Near-zero transaction costs.
ššŖššÆ : Which entity issues USDC?
š¼š£šØš¬šš§ : Circle.
ššŖššÆ : What backs every USDC?
š¼š£šØš¬šš§ : Highly liquid cash and cash-equivalent assets.
ššŖššÆ : What is USDC?
š¼š£šØš¬šš§ : A digital dollar that is pegged 1:1 to the US Dollar.
ššŖššÆ : What ensures the transparency and security of USDC reserves?
š¼š£šØš¬šš§ : Monthly attestation reports published by Circle.
ššŖššÆ : How quickly can USDC transactions typically settle?
š¼š£šØš¬šš§ : In seconds.
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