What does etc usdt mean (etcusdt coin)?

etc usdt means Ethereum Classic USD (ETC), according to cryptoglobe reports. It

What does etc usdt mean (etcusdt coin)?

etc usdt means Ethereum Classic USD (ETC), according to cryptoglobe reports. It is a stablecoin based on the Ethereum network. CoinMarketCap data shows that this token is currently listed on more than 20 exchanges, including Binance, Bitfinex, and Kraken, with a trading volume of over $300 million. According to official information, this is the first wallet address linked to Bitcoin. These funds come from different blockchain projects such as EOS and Polygon. However, since these two wallets have a fixed number of user accounts, it cannot be determined if they belong to the same user. Based on the described price of ETH, it is uncertain whether the wallet holds ETH or BTC.

etcusdt coin

According to etcusdt.token, nearly 2000 people have received ETCU through staking their wallets. ETCU is purchased with ETH, BTC, or LTC and users need to stake some assets for mining participation.

eteusdt.token is the governance token, with a total supply of 10 million (where every 4 ETH represents 1 vote), and an initial circulation of over 100,000 (Please refer to the official website for specific details).

According to the official introduction, etCUSDT is a smart contract-based digital currency, driven by blockchain technology, and has decentralized features and unique functionalities. Holders can vote on whether to burn or redeem any etMUSDT and determine which token to use within the system.

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