USD Coin (USDC) is a stablecoin whose value is pegged 1 to 1 with US dollars. Launched in 2018 by the Center, a consortium formed by Circle and Coinbase, USDC is designed to bring the stability of Fiat currency to the Blockchain world. USDC is fully supported by assets stored in US financial institutions and is routinely audited, making it one of the most transparent and trusted stablecoins.
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