What are Digital Dollars?
in Understanding Stablecoins•Help Article
Digital Dollars are stablecoins like USDC (USD Coin) and EURC (Euro Coin) that we use at VaultLeap. They're digital versions of traditional currencies, pegged 1:1 to the US dollar or euro. When you receive funds at VaultLeap, they're automatically converted to these Digital Dollars.
Unlike volatile cryptocurrencies (like Bitcoin), Digital Dollars maintain consistent value while offering the benefits of blockchain technology — borderless transfers, 24/7 availability, and programmable payments.