Coinbase USD vs USDC Explained

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In this video, we will be covering the differences between USD and USDC when using Coinbase. #coinbase #crypto

DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner's results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

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The app updates too often. This video is already outdated. The options you're listing just simply aren't there. As of now the app doesn't let you change from your bank account when trying to buy USDC.

simbawiththethumbs
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The thing is, no one would want to use an unaudited stablecoin that always goes off its peg. If USDC has those problems, why not just use the ol' reliable, cash?

fantomania
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People should DYOR on USDC first before using it. Its still unknown if its really 1:1

charliechen
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Sadly, USDC still hasn't improved in a lot of aspects. For one, its 2024 and it still has zero public audits. Why is that?

solavax
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usdc won't last long if it goes to zero because no one uses it anymore. without real backing, i doubt it has much time left.

martinrichardson
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Isn't Circle's biggest investors from China? Kinda sus if you think about. Does make you think twice about using USDC.

BTCSANDRA
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no one i know wants to use usdc. why would you use a stablecoin that's still unaudited and has a history of fraud?

troyortiz
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I hope people don't wait for USDC to depeg again, just look for better alternatives.

lydia
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USDC cant' even maintain its own peg.

yahani-stocks