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Something that's missing from this article: Since USDC is an ERC20 token based on Ethereum, you'll still need to hold ETH so that you can pay for gas to move th

Something that's missing from this article: Since USDC is an ERC20 token based on Ethereum, you'll still need to hold ETH so that you can pay for gas to move the USDC stablecoin token around. A fiat-world analogy to this would be to imagine if spending Euros required you to hold US Dollars to pay the transaction fees.

conanbatt 8y ago
Another fiat-world analogy is paying to have the checkbook to be able to send money.
mavdi 8y ago
Most coins are ERC20 coins. These coins might dance around all day, but the DJ is Ethereum. That's what you should be really holding.