$USDC
USDC (USD Coin) is a prominent stablecoin, a cryptocurrency pegged to the US dollar at a 1:1 ratio. This means that for every USDC in circulation, there is an equivalent amount of US dollar assets held in reserve, aiming to maintain its stable value. It was launched in 2018 through a collaboration between Circle and Coinbase, forming the Centre Consortium responsible for its governance.
#USDCstablecoin #USDC @USDC
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