Jun 8, 2024 · USD Coin (USDC) is a digital currency that is fully backed by U.S. dollar assets. USDC is a tokenized U.S. dollar, with the value of one USDC coin pegged as close to the value of one U.S....

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]

May 26, 2022 · As its name suggests, USD Coin (USDC) is a cryptocurrency whose value is tied to the U.S. dollar. USD Coin is a stablecoin, and as such one USDC should always be equal in value to one dollar....

USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions. What is USDC?

4 days ago · USDC is a digital dollar. It combines the power and stability of US Dollars with the speed of the internet. You can use USDC just like you would any dollar—to buy and trade assets, to send and receive payments, or to save your money.

USDC is the world’s largest regulated, fully reserved digital dollar. It’s backed 100% by highly liquid cash and cash-equivalent assets, and is redeemable 1:1 for US dollars.

USD Coin (USDC) is an open-source, smart contract-based stablecoin pegged to the US dollar on a 1:1 basis. Every unit of this digital currency in circulation is backed up by $1 held in reserve, consisting of a mix of cash and short-term US Treasury bonds.

Known as a fiat-backed stablecoin, USDC is backed by high-quality reserves and with transparent, monthly attestation's. Every USDC is 100% backed by cash and short-dated U.S. Treasuries held in regulated U.S. financial institutions. Learn more here.