USD Coin (USDC) is a fully collateralized stablecoin pegged 1:1 to the US dollar, jointly governed by Centre, a consortium co-founded by Circle and Coinbase. As a regulated and transparent stablecoin, USDC aims to provide a reliable and stable digital currency for use in various applications, including trading, lending, and payments within the cryptocurrency ecosystem. Its reserves are held in regulated financial institutions and are subject to regular audits, ensuring its peg to the US dollar.
What is USD Coin (USDC)?
Discover the key facts about USD Coin (USDC).
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