USDC4

USDC4 is a stablecoin based on smart contracts. On one end of the USDC4 exchange protocol there is a smart contract that has a certain amount of USDC4 held in it. On the other end of the protocol will be another smart contract that holds the same amount of USDC on ETH or BSC. The conversion from one to another will be made by using various liquidity pools and providers. This system allows us to carry out cross chain exchanges in minutes, and all through one interface - this means that applications built on the Commercial Swamp Lands can accept any crypto or fiat currency on the front end while still utilizing $C4 token in the back end.

• USDC4 is pegged to USDC, and USDC is pegged to the US dollar in a 1:1 ratio, so there is no need to worry about volatility.

• The process of issuing these two currencies is the same. Instead of mining them, the administering body behind the tokens adds customers' fiat to their reserves and then issues new coins.

• Transaction times for USDC4 and USDC are very fast. They can be transferred 24/7 without the involvement of banks.

• Since stablecoins are tied to fiat currency, there is no need to worry about high transaction fees.

• The cost of transferring USDC4 and USDC is minimal, especially compared to other cryptocurrencies.

• USDC4 and USDС work on smart contracts. These contracts require certain rules and conditions to be met before a transaction can proceed, ensuring safe and secure asset transactions.

• USDC4 and USDC work without the need to ask for help of the bank. The transaction can be carried out by working directly with the counterparty.

• Currently stablecoins are more of a priority for crypto investors and traders as they provide fast transaction processing, security, and price stability.

Automatic USDC4 conversion for USDC stablecoins The USDC4 protocol will allow users to pay for any apps or services within the CCC Commercial Swamp Lands ecosystem with any fiat or cryptocurrency they want. This is then automatically converted to $C4 on the backend without the user having to go through any further steps. So, the barriers of having to convert USD -> ADA -> $C4 -> App/Service are completely removed, leaving the user free to go straight from USD, or any other currency they hold, directly to the App/Service. This is huge for the ecosystem as it greatly reduces a lot of the onboarding barriers that may deter first time Web3 users, or users of an alternative blockchain from using these Apps/Services. For further information head over to https://usdc4.com/