What is USD Coin (USDC), fiat-backed stablecoin explained

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USDC is a U.S. dollar-backed stablecoin issued by Circle and Coinbase to combat the price swings of the highly volatile cryptocurrency market.

Source: Cointelegraph.com News

#Altcoin, #Stablecoin, #FiatMoney, #Dollar, #Circle, #Coinbase, #Payments, #Tether

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