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Ethereum Classic
@ethereumclassic
Introducing Classic USD (USC), the first native fiat-backed stablecoin on @ethereumclassic USD supports growth of DeFi on Ethereum Classic as a key primitive for on-chain liquidity and miner payouts. Learn more 👇 https://ethereumclassic.com/news/2024/05/14/introducing-ethereum-classic-usd-backed-usc-stablecoin/
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Ethereum Classic
@ethereumclassic
USC is fully backed by cash, cash equivalents, and short-term U.S. treasury bonds, with reserves reported by Brale daily. $USC can be acquired by directly onboarding with Brale to mint new USC, or by purchasing USC on https://ETCswap.org Signup: https://brale.xyz/stablecoins/USC
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Ethereum Classic
@ethereumclassic
Classic USD is the premiere native stablecoin for Ethereum Classic’s DeFi ecosystem: 1) Trading against $ETC and other native assets 2) Real-time payments on the most secure Proof-of-Work smart contract network 3) Collateral for perpetuals/derivatives and lending protocols
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Ethereum Classic
@ethereumclassic
Ethereum Classic is the largest and most secure Proof-of-Work smart contract network in the world, with sub $0.01 transaction fees. We’re excited to work with https://EthereumClassic.com and the broader Ethereum Classic community to bring Classic USD to the ecosystem.
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