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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Trusted and secure. Very cool piece of #USDC history! /mattyven/status/1583553601363771393

Trusted and secure. Very cool piece of #USDC history. /mattyven/status/1583553601363771393.