Yellow Card-supported Coins

Why does YC have multiple coins?

Yellow Card offers multiple coins to give our users a wider range of options when managing their digital assets. By providing support for multiple coins, we aim to provide our customers with greater flexibility, security, and convenience. Each coin has unique features and benefits; some may be more suitable for specific use cases than others. For example, some coins may be better suited for fast and low-cost transactions, while others may offer more privacy or security features.

By offering support for multiple coins, our users can choose the coin that best fits their needs and preferences. In addition, by offering support for a range of coins, we can provide our users access to a diverse range of blockchain networks and ecosystems. This can help our users stay up-to-date with the latest developments in the cryptocurrency space and take advantage of emerging trends and opportunities.

New supported coins

Ethereum - ETH 

Solana - SOL

Cardano - ADA

USD Coin - USDC

Celo Dollar - cUSD

Tether Gold - XAUt

Polygon - MATIC

Pay Pal USD - PYUSD

Toncoin - TON

Can you tell me more about each new coin?

Sure ;) Each of these coins has its unique characteristics and use cases. Here's a brief overview: 

  • Ethereum (ETH): Ethereum is a blockchain platform that allows developers to build decentralized applications (dApps). Its native cryptocurrency, ETH, is used to pay transaction fees and to incentivize miners to secure the network. It is the second-largest coin by market capitalization after Bitcoin. 
  • Solana (SOL): Solana is a blockchain platform that uses a unique consensus mechanism called Proof of History to enable faster and cheaper transactions. It aims to offer a scalable and decentralized infrastructure for building applications. Its native coin, SOL, is used to pay transaction fees and to incentivize validators to secure the network.
  • Cardano (ADA): Cardano is a blockchain platform that aims to offer a more secure and sustainable infrastructure for building applications. It uses a proof-of-stake consensus mechanism, designed to be more energy-efficient than Bitcoin's proof-of-work mechanism. Its native coin, ADA, is used to pay transaction fees and to incentivize validators to secure the network. 
  • USD Coin (USDC): USD Coin is a stable coin pegged to the US dollar. It is used to facilitate transactions on the blockchain, and its value is designed to remain relatively stable compared to other cryptocurrencies. USD Coin is an ERC-20 token that runs on the Ethereum blockchain.
  • Celo Dollar (cUSD): Celo is a mobile-first blockchain platform prioritizing accessibility and inclusivity. Celo Dollar (cUSD) is a stablecoin pegged to the US dollar that enables fast and low-cost transactions. It can be used for various financial activities on the Celo platform, and you can earn rewards by staking cUSD or other Celo-based assets.
  • Tether Gold (XAUt): Tether Gold (XAUt) is a stablecoin backed by gold. Each XAUt token is backed by one troy ounce (31.1035 grams) of gold held in a vault in Switzerland. XAUt is issued by Tether, the same company that issues USDT, another stablecoin pegged to the United States dollar.
  • Polygon (MATIC): MATIC is the native cryptocurrency token of the Polygon network, formerly known as the Matic Network. Polygon is a Layer 2 scaling solution for Ethereum, designed to address scalability issues and high transaction fees on the Ethereum blockchain. The Matic token serves several purposes within the Polygon ecosystem.
  • Pay Pal USD (PYUSD): PYUSD, also known as PayPal USD, is a stablecoin launched by the global payment services provider PayPal. As the financial world gradually shifts towards embracing digital currencies, PYUSD stands out as a noteworthy innovation, combining the stability of traditional fiat currency with the versatility of cryptocurrency.
  • Toncoin (TON): Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a decentralized blockchain platform originally developed by the team behind Telegram. It was designed to enable fast, scalable, and efficient decentralized applications (dApps) and services. After Telegram withdrew from the project due to regulatory challenges, the development of TON was continued by the open-source community.
  • Ripple (XRP): Launched in 2021, Ripple (XRP) is a digital asset that operates on the XRP Ledger (XRPL), an open, decentralised platform. With notable advantages like affordable fees, fast transaction time, and impressive scalability, XRP empowers efficient and environmentally friendly transactions. It is eco-friendly and energy-efficient, supporting sustainability
  • Ripple USD (RLUSD): Launched in 2024, Ripple USD (RLUSD) is a USD-backed stablecoin built on the XRP Ledger (XRPL), a decentralized and highly efficient blockchain platform. It is built to combine stability with innovation, RLUSD boasts ultra-low transaction fees, fast transaction time, and impressive scalability. Its eco-friendly nature ensures an approach to digital payments, that supports sustainability
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