đš $USDC IS TARGETING 40 NEW MARKETS â BUT IS A STABLECOIN REALLY RISK-FREE?
Circle's CEO says the company plans to expand into approximately 40 emerging and developing markets, including opportunities across the Middle East, Africa and Asia.
Binance also invested $100M in Circle earlier this year.
đ HERE'S WHAT INVESTORS SHOULD UNDERSTAND:
A stablecoin aims to maintain its value, but that doesn't eliminate issuer, reserve, redemption or custody risks.
đ FOR MUSLIM INVESTORS:
Using stablecoins for payments and earning yield through lending or other financial arrangements are different activities. The underlying contracts and sources of returns deserve separate Shariah assessment.
đ SAVE THIS: Stable price â zero risk. Adoption â Shariah approval.
đŹ Would you use stablecoins mainly for international payments or for holding digital dollars?
#USDC #Stablecoins #IslamicFinance #CryptoEducation
Circle's CEO says the company plans to expand into approximately 40 emerging and developing markets, including opportunities across the Middle East, Africa and Asia.
Binance also invested $100M in Circle earlier this year.
đ HERE'S WHAT INVESTORS SHOULD UNDERSTAND:
A stablecoin aims to maintain its value, but that doesn't eliminate issuer, reserve, redemption or custody risks.
đ FOR MUSLIM INVESTORS:
Using stablecoins for payments and earning yield through lending or other financial arrangements are different activities. The underlying contracts and sources of returns deserve separate Shariah assessment.
đ SAVE THIS: Stable price â zero risk. Adoption â Shariah approval.
đŹ Would you use stablecoins mainly for international payments or for holding digital dollars?
#USDC #Stablecoins #IslamicFinance #CryptoEducation