Quote:
Originally Posted by Shaid
Comparing the price of ADA vs those others. USD is US Dollars, BTC is Bitcoin, USDC is a stable coin for US dollars. So if you look at ADA BTC you can see how ADA is performing compared to Bitcoin.
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But the ADA usd is on fiat market, supported by the good ‘ol us gov
The ada usdc is on the stable coin market, backed by physical investments
The ada btc is on crypto market. Backed only by the crypto currency
EDIT. I see now it’s a way to convert btc to ada
Iirc. And from my limited understanding. I saw prices are on a downward side so I’m going to go back and try to decide my by in prices for one of these
I get the feelings the fiat and stable coin are newer but possibly more “secure”