USD Coin (usually called by its short name, USDC) is a stablecoin pegged to the US dollar in a ratio of 1 to 1. Each unit of this cryptocurrency in circulation is backed by 1 dollar, which is stored in reserve in the form of a mix of cash and short—term US Treasury bonds.

USD Coin news today, USDC crypto latest news of token ticker

USD Coin

1/ Announcement alert at #Sgfintechfest.  We are honored and excited to share that Circle has just received an In-Principle Approval from the Monetary Authority of Singapore (MAS).

Twitter

Congratulations to Team @circle ! Singapore home to innovation in crypto and fintech, and this represents another step towards giving all users across the world access to safe, trusted crypto services.

Congratulations to Team @circle .