So investors hesitate to invest in crypto because of the fluctuations. If you are one of them, Stablecoin is the answer. Stablecoins are a cryptocurrency without volatility. They share the same power as crypto but their growth is not that fast. They are just like the traditional currencies like USD etc. Read the latest update of the coin on CoinGape. The most trusted platform for blockchain and cryptocurrency news.
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Circle, the issuer of USD Coin stablecoin, on Tuesday said it entered a custody partnership with New York Community Bancorp. Under the agreement, New York Community Bank will become a custodian for USDC stablecoin. The move is part of Circle Impact, an initiative to improve financial inclusion. It aims at distributing a share of USDC