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What are Stablecoins ?

Stablecoins are the future of global finance, they remove borders, eliminate fees and give people true financial freedom at a global scale! Senit is launching its platform with the USDC coin, a US dollar derivative. Find out more about the power of USDC below!

 

1. Backed by US dollars

USDC is a stablecoin backed by US dollars, which are held in reserve by regulated financial institutions. Every token can be redeemed for one dollar giving you a stable cryptocurrency.

2. Powered by blockchain

Because it’s an ERC-20 token that runs on the Ethereum network instead of traditional bank rails, USDC lets you move dollars anywhere in the world in minutes for very little cost.

3. Transparency & Credibility

Every month, the US dollar reserves for USDC are attested to by top 5 accounting services firm, Grant Thornton LLP. these reports are published online so that you can be confident that USDC is always 100% redeemable for dollars.

USD audit reports are available online, follow this link for more information

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Start using Senit today and learn how easy it is to get into the world of crypto-currencies.

Start using Senit and learn how easy it is to enter the world of crypto-currencies.