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.

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RT @jerallaire: Going live on Yahoo Finance shortly.

Going live on Yahoo Finance shortly. https://t.co/RzRMojcLDm

🗣 Tune in at 11 AM ET for our Crypto Collapse special recapping the FTX fallout and what's next for the company and the crypto industry.

Hosts @AkikoFujita, @thebradsmith, &amp; @BrianSozzi will be joined by Circle CEO @jerallaire, @Bitboy_Crypto and more. https://t.co/x0hBBq6ON5

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🗣 Tune in at 11 AM ET for our Crypto Collapse special recapping the FTX fallout and what's next for the company and the crypto industry.

Hosts @AkikoFujita, @thebradsmith, & @BrianSozzi will be joined by Circle CEO @jerallaire, @Bitboy_Crypto and more. https://twitter.com/i/spaces/1DXxyvnVMVVKM…

Going live on Yahoo Finance shortly.

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