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

Circle

RT @circle: Meet Circle—where money meets speed, the US dollar meets USDC, and crypto finally meets stable.

Meet Circle—where money meets speed, the US dollar meets USDC, and crypto finally meets stable.