USD Coin (USDC) is a fiat-backed stablecoin pegged 1:1 to the US dollar. Operating on the Ethereum blockchain, it is designed to enable fast and low-cost transactions.
Thanks to its stability and interoperability with other blockchain-based assets, it has gained widespread adoption on cryptocurrency exchanges and wallets. It has also been integrated into a variety of mainstream financial applications.
The stablecoin is run by Centre Consortium, which operates transparently and discloses precise data on its assets and liabilities.
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Digital Assets are unregulated in most countries and consumer protection rules do not apply. As highly volatile speculative investments, Digital Assets can become illiquid at any time, and are not suitable for investors without a high risk tolerance. Make sure you understand each Digital Asset before you trade.
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