What are the answers to the Robinhood USDC quiz?

3 answers

• Jan 12, 2022 · 3 years ago
  Sure, here are the answers to the Robinhood USDC quiz: 1. USDC stands for USD Coin, which is a stablecoin pegged to the US dollar. 2. USDC was created by Circle and Coinbase. 3. USDC is an ERC-20 token built on the Ethereum blockchain. 4. USDC can be used for fast and low-cost transactions, as well as for storing value. 5. USDC is audited by Grant Thornton LLP to ensure transparency and accountability. I hope this helps! If you have any more questions, feel free to ask.
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• Jan 12, 2022 · 3 years ago
  Alright, let's dive into the answers for the Robinhood USDC quiz: 1. USDC is a popular stablecoin that is widely used in the cryptocurrency industry. 2. It was launched in 2018 and is backed by a reserve of US dollars. 3. USDC can be used for various purposes, such as trading, remittances, and decentralized finance (DeFi) applications. 4. The supply of USDC is regulated and can be minted or burned based on demand. 5. USDC provides a transparent and auditable financial system for digital assets. I hope you find these answers helpful! If you have any more questions, feel free to ask.
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• Jan 12, 2022 · 3 years ago
  Certainly! Here are the answers to the Robinhood USDC quiz: 1. USDC is a stablecoin that is pegged to the US dollar, meaning its value is always equivalent to one US dollar. 2. USDC was launched by Circle and Coinbase in 2018. 3. USDC is an ERC-20 token, which means it operates on the Ethereum blockchain. 4. USDC provides a reliable and efficient way to transfer value globally. 5. USDC is regulated and audited to ensure transparency and trustworthiness. I hope these answers satisfy your curiosity! If you have any more questions, feel free to ask.
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