(USDC) is a digital currency that is fully backed by U.S. dollar assets. USDC is a tokenized U.S. dollar, with the value of one USDC coin pegged as close to the value of one U.S. dollar as it can get. The value of USDC is designed to remain stable, making USDC a stablecoin.
USD Coin (USDC) is a stablecoin that is backed by U.S. dollars and U.S. Treasury instruments.
The USDC Circle Reserve Fund is held at The Bank of New York Mellon and is managed by BlackRock.
Cash is held in segregated accounts with U.S.-regulated financial institutions.
The U.S. government does not issue USDC.
USD Coin (USDC) is a stablecoin, a cryptocurrency backed by U.S. dollars or dollar-denominated assets like U.S. Treasury securities. USDC's cash assets are held in segregated accounts with regulated U.S. financial institutions and its reserve portfolio is held at the Bank of New York Mellon.
