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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HUGE NEWS!!!!! Circle USDC adds support for Apple Pay

Congratulations @jerallaire @ddisparte and the whole team at @circle

#Stablecoins

HUGE NEWS. Circle USDC adds support for Apple Pay. Congratulations @jerallaire @ddisparte and the whole team at @circle.