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USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
This process ensures every USDC in the market is backed by a real U.S. dollar. While initially managed by a consortium called Centre, co-founded by Coinbase and Circle, Circle has since assumed ...
Last month, Boston-based crypto firm Circle said it would no longer create its USDC tokens on the Tron blockchain, a decision it said "aligned with its efforts to ensure that USDC remained trusted ...
Cryptocurrency-backed stablecoins are issued with cryptocurrencies as collateral, conceptually similar to fiat-backed stablecoins. However, the significant difference between the two designs is that while fiat collateralization typically happens off the blockchain , the cryptocurrency or crypto asset used to back this type of stablecoins is ...
1. Bitcoin (BTC) Price: $93,964.55. Market cap: $1.86 trillion. As the harbinger of the cryptocurrency era, Bitcoin is still the coin people generally reference when they talk about digital ...
Circle (legally Circle Internet Financial Limited) is a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013.
Also like Whole Foods, it now accepts cryptocurrency — and not just Bitcoin. Users can pay in Bitcoin, but also Bitcoin Cash and Ether, as well as lesser-used coins like BUSD, PAX, GUSD, USDC ...
Some crypto executives and investors said Trump had undermined the credibility of the industry they had worked hard to build by selling coins known for their speculative nature and extreme volatility. They also noted Trump's brazen conflict of interest by setting crypto market policies while directly benefiting from participating in the market.