USDCUSD
USD Coin
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About USDCUSD
Stablecoin (USD-pegged)
Sep 28, 2018
USD Coin (USDC) is a U.S. dollar-backed stablecoin developed by Circle and Coinbase, launched in 2018. It operates on blockchain networks like Ethereum, adhering to strict regulatory standards. Each USDC token is backed 1:1 by reserve assets, primarily U.S. dollars and short-term Treasuries, ensuring price stability around $1. As a compliant and transparent stablecoin, it is widely used in decentralized finance (DeFi), cross-border payments, and cryptocurrency trading for its reliability and regulatory alignment.
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