For us in Africa who use Mobile Money, USDC changed my P2P.
USDC is a stablecoin, which means 1 USDC = 1 US dollar. Unlike BTC, which goes up and down, USDC stays stable. So when I sell my USDT into FCFA, I’m not stressed that the price will drop overnight.
Why I like USDC on Binance?
1. It’s regulated and backed by real dollars in banks.
2. Transfer fees are cheaper than bank wire transfers.
3. I can hold it while waiting for the right P2P rate without losing value.
My beginner tip: I no longer keep everything in USDT. I keep 50% in USDC in my Savings/Financing as stable savings. When the USDT / FCFA rate is good on P2P, I sell.
And do you use USDC or USDT for your savings?
#USDC✅ #Stablecoin #P2P #CotedIvoire $NVDAB #CryptoDebutant
USDC is a stablecoin, which means 1 USDC = 1 US dollar. Unlike BTC, which goes up and down, USDC stays stable. So when I sell my USDT into FCFA, I’m not stressed that the price will drop overnight.
Why I like USDC on Binance?
1. It’s regulated and backed by real dollars in banks.
2. Transfer fees are cheaper than bank wire transfers.
3. I can hold it while waiting for the right P2P rate without losing value.
My beginner tip: I no longer keep everything in USDT. I keep 50% in USDC in my Savings/Financing as stable savings. When the USDT / FCFA rate is good on P2P, I sell.
And do you use USDC or USDT for your savings?
#USDC✅ #Stablecoin #P2P #CotedIvoire $NVDAB #CryptoDebutant