Glossary

USDC

A fully-reserved US-dollar stablecoin issued by Circle, designed to stay at ~$1.

In short

USDC (USD Coin) is a fully-reserved US-dollar stablecoin issued by Circle. Each token is backed by reserves and designed to hold a value of about $1, making it a common choice for payments.

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Questions

Frequently asked questions

Who issues USDC?
Circle, a regulated US financial company that publishes reserve attestations.
Is USDC pegged to the dollar?
Yes - it targets a 1:1 peg to the US dollar, backed by reserves.

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