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USDC does not have its own blockchain. Instead, it operates on existing blockchain networks that support the creation and exchange of tokens. USDC is a stablecoin, meaning that it aims to maintain a stable value relative to a reference asset or currency.
The purpose and objective of USDC are to provide a digital equivalent of the US dollar that can be used on the blockchain. 1. Stable value 2. Payments 3. DeFi applications 4. Collateral
USDC is an asset issued on multiple blockchains, including Ethereum (ERC-20), Algorand (ASA), Solana (SPL), and Stellar (XLM). Each of these blockchains uses its respective consensus mechanism.
USDC has a flexible supply, meaning that new tokens can be minted or burned based on demand and reserve holdings.
PAXG is an ERC-20 token, which means it operates on the Ethereum network. PAXG is a digital asset that allows investors to own investment-grade physical gold with all the benefits of the blockchain
1. Digital representation of gold.
2. Buy/sell gold.
3. Collateral
Proof-of-Stake and ERC-20 token standard, built on Ethereum blockchain.
PAXG's tokenomics are tied to the price of gold. Each PAXG token is backed by one troy ounce of physical gold. This means the supply of PAXG can be increased or decreased depending on the amount of physical gold that Paxos Trust Company holds in their vaults
A decentralised blockchain platform that aims to provide a more sustainable, secure, and scalable ecosystem for the development of smart contracts and decentralised applications (dApps)
Litecoin (LTC) is a decentralised peer-to-peer payment coin. It was created as a fork of the Bitcoin Core client and is often referred to as the "silver to Bitcoin's gold."
1. Payments 2. Cross-border transactions 3. E-commerce 4. Store of value attempt
Enables smart contracts to securely and reliably access off-chain data. Chainlink is used to connect smart contracts to external data sources for secure and accurate information. The LINK token is used for transactions and to pay validators for securing the network.
1. Network token 2. Staking
Proof-of-Stake
The total supply of LINK is fixed at 1 billion tokens.
Avalanche supports smart contracts to run decentralised applications (dApps) on its network, with scalability, security and decentralisation at its core.
1. Payment 2. Staking 3. New assets development 4. Governance
A blockchain platform that supports smart contracts and decentralized applications (dApps). It aims to achieve a self-amending and on-chain governance protocol that allows the network to upgrade itself without hard forks
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