Price Pool: Rs. 1,00,000 Worth USDC
How To Particiate:
1. open coindcx exchange
2. view home page USDC Learn and Earn banner
3. click and submit quiz answer
Coindcx USDC quiz answer
Q.1 Each $USDC is backed by US Dollar stored in the form of?
Ans: Cash reserves + us treasury bonds
Q.2 Circle’s APIs help you make payments in ?
Ans: In USDC
Q.3 How is USDC’s multi-chain transfer beneficial?
Ans: Transfer takes lower fees and transparent
Q.4 What is one of the long term goals of USDC ?
Ans: Facilitate dapps and service provider payment
Q.5 What is the market cap of $USDC and total tokens in supply ? ( as of Feb ’23)
Ans: 42.4 billion & 42.4 billion token
Q.6 When was the upgrade to enhance & popularise $USDC in daily commerce announced?
Ans: In 2020