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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 ...
File formats used by the specification include: [6] [7].usd, which can be either ASCII or binary-encoded.usda, ASCII encoded.usdc, binary encoded.usdz, a package file which is a zero-compression, unencrypted zip archive, which may contain usd, usda, usdc, png, jpeg, m4a, mp3, and wav files.
On May 15, 2018, Circle raised US$110 million in venture capital to create USD Coin, an Ethereum coin they claim is backed by USD. [9] [10] Today, each USDC token is backed by USD. [2] In November 2021 Circle led a US$13.5 million funding round in crowdfunding platform Crowdcube. [11]
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [ 3 ] [ 4 ] As of August 1, 2024, Tether reported having $118.4 billion in reserves, including $5.3 billion in excess reserves.
USDC may refer to: United States Department of Commerce; United States Diplomacy Center; United States district court; Universal Scene Description, .usdc (binary-encoded) file format; Ultrasonic/sonic driller/corer; USD Coin, a stablecoin cryptocurrency
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Display a table link to exchange rates between a currency to one of the top 9 most traded currencies in the world, and, optionally, three other currencies. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Currency code 1 The currency code to be used in this template. String required Additional currency 2 ...
The USD value of the collateral at any given time divided by the amount of DAI borrowed is the loan's "collateralization ratio"; this is calculated using the USD price of a unit of the collateral asset as reported regularly to a contract by a set of decentralized oracles. Each loan type has a fixed minimum collateralization ratio, which is ...