usdc reserves
- Cryptocurrency
Unleash The Power of USD Coin: A Thrilling Journey Through Its Benefits
USD Coin (USDC) is a stablecoin that is pegged 1:1 to the US dollar. Each unit of this circulating cryptocurrency is backed by $1 in cash and short-term US Treasury bills held in reserve. According to the central syndicate behind this instrument, USDC is issued by licensed financial institutions. Stabilcoin was first introduced on a small scale in September 2018. Simply put, the USD Coin’s slogan is “digital money for…
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