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Here are the Quiz answers For USDC
Q1: What is USDC?
Answer: A digital dollar that is pegged 1:1 to the US Dollar
Q2: Which entity issues USDC?
Answer: Circle
Q3: What backs every USDC?
Answer: Highly liquid cash and cash-equivalent assets.
Q4: What feature makes USDC distinct from other cryptocurrencies?
Answer: Its value is backed by US dollars.
Q5: What ensures the transparency and security of USDC reserves?
Answer: Monthly attestation reports published by Circle.
Q6: What is USDC?
Answer: A digital dollar that is pegged 1:1 to the US Dollar
Q7: What backs every USDC?
Answer: Highly liquid cash and cash-equivalent assets.
Q8: What feature makes USDC distinct from other cryptocurrencies?
Answer: Its value is backed by US dollars
