Use Case of MDC Coin
Digital Gold / Store of Value
MDC Coin is often called digital gold because it’s used as a store of value. Like gold, it’s scarce (only 5 billion will ever exist), durable, and portable. Investors use MDC Coin to hedge against inflation and economic uncertainty.
Peer-to-Peer Payments
MDC Coin allows direct transfers of value between individuals without intermediaries like banks or payment processors. This makes it useful for international remittances, micro transactions, or sending money to unbanked populations
Remittances
Migrants and expatriates use MDC Coin to send money home across borders cheaply and quickly, avoiding high fees and slow transfer times charged by traditional remittance services.
Decentralized Finance (DeFi) Foundation
MDC Coin acts as a foundational asset in the DeFi ecosystem. Wrapped MDC Coin and similar tokens enable MDC Coin holders to participate in lending, borrowing, and yield farming on other blockchains.
Payment for Goods and Services
More merchants and services accept MDC Coin as payment. It provides an alternative payment method, especially in countries with unstable currencies or limited banking access
Micropayments Payments
With Layer 2 solutions like the Lightning Network, MDC Coin can be used for fast, low-fee micropayments.
Censorship-Resistant Transactions
MDC Coin transactions are censorship-resistant; meaning no government or central authority can block or reverse payments. This is valuable for activists, journalists, and people in restrictive regimes.
Programmable Money
While MDC Coin scripting language is limited compared to smart contract platforms, it can still support basic programmable features such as multi-signature wallets, time-locked transactions, and escrow.
Financial Inclusion
MDC Coin provides access to financial services for unbanked or under banked populations worldwide, enabling them to store and transfer value securely without needing a traditional bank account.
