Sinbad supports the USDT and USDC stablecoins on the Polygon network.

What is USD Coin (USDC)?

USD Coin is a digital dollar pegged to the US dollar and managed by Circle. In order to maintain it's peg, USDC is fully backed 1:1 with USD assets held in treasury—this means every digital dollar of USDC can always be exchanged 1:1 for cash.

Why is USD Tether (USDT)? Tether (USDT) is one of the earliest and most widely used stablecoins in the cryptocurrency market. It is pegged to the US dollar and managed by Tether Limited. To maintain its peg, USDT is backed 1:1 by USD assets, ensuring that each USDT token can always be exchanged for one US dollar.

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