What is USD Coin?

Launched in 2018 by Centre, a consortium founded by Circle and Coinbase, USD Coin was created as a regulated stablecoin that runs on blockchain technology. Stablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency, a commodity or even another crypto coin.

What is a coin used for?

Coin, a piece of metal or, rarely, some other material (such as leather or porcelain) certified by a mark or marks upon it as being of a specific intrinsic or exchange value. The use of cast-metal pieces as a medium of exchange is very ancient and probably developed out of the use in commerce of

What is a cryptocurrency coin?

The key feature of a coin is that of a currency, and the term may also be used to describe a cryptocurrency asset that is not a token. Unlike cryptocurrency tokens, coins are not intended to serve utility functions - such as to represent votes within a community or to denote storage capacity on a decentralized cloud storage.

What were Chinese coins called in the Bronze Age?

In the late Chinese Bronze Age, standardized cast tokens were made, such as those discovered in a tomb near Anyang. These were replicas in bronze of earlier Chinese currency, cowrie shells, so they were named "Bronze Shell".