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Easily convert QI to USDC with ConvertOnline's efficient tool.
BENQI (QI) is a decentralized finance (DeFi) protocol built on the Avalanche blockchain, designed to facilitate lending and borrowing of digital assets. It allows users to earn interest on their cryptocurrency holdings while providing liquidity to borrowers, creating a seamless ecosystem for financial transactions without intermediaries.
USDC (USD Coin) is a stablecoin pegged to the US dollar, designed to provide a reliable digital currency for transactions within the cryptocurrency ecosystem. It is fully backed by reserves of fiat currency and is issued by regulated financial institutions, ensuring transparency and security in its operation.