USDC Explained
2 months ago
14
USD Coin (USDC) is another popular stablecoin in the cryptocurrency market. Like Tether (USDT), USDC is pegged to the US dollar, with each USDC token representing one US dollar held in reserve.
Brief History: USDC was launched in 2018 by the CENTRE Consortium, a partnership between Coinbase and Circle. It was created to provide a transparent and trustworthy stablecoin alternative to Tether.
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