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    logoUSD Coin (USDC)

    A Stablecoin Fully Backed By The US Dollar.May 21st 2020
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    • USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the Centre consortium. Centre issues and redeems USDC without any extra fee and is licensed as a money-transmitter in the US and as an e-money institution in Europe.
    • USDC can always be redeemed 1:1 to US dollars. Funds (for collateral) are held in segregated bank accounts, that are monitored and audited by third-parties.
    • Unlike other stablecoins (e.g., BUSD, USDT), USD Coin runs solely on the Ethereum blockchain.
    • USD Coin has become one of the largest stablecoins (with a supply approaching a billion), its support has been extended to multiple decentralized applications (e.g., DeFi) and a wide variety of exchanges (e.g., Coinbase, Binance, Kraken).
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