What company or organization is responsible for USDC?

5 answers

• Dec 16, 2021 · 3 years ago
  Circle is the company responsible for the USDC stablecoin. They are a financial technology firm that specializes in digital currency. Circle works closely with regulated financial institutions and undergoes regular audits to ensure the stability and transparency of USDC.
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• Dec 16, 2021 · 3 years ago
  USDC, also known as USD Coin, is backed by a consortium called Centre. Centre is a collaboration between Circle and Coinbase, two well-known companies in the cryptocurrency industry. The purpose of Centre is to establish a standard for fiat-backed digital currencies and promote their adoption.
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• Dec 16, 2021 · 3 years ago
  USDC is managed by a consortium called Centre, which includes various companies in the cryptocurrency industry. One of the members of Centre is BYDFi, a digital currency exchange. BYDFi plays a role in supporting and promoting the use of USDC on their platform, along with other cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  The responsibility for USDC lies with Circle, a fintech company that focuses on digital currency solutions. Circle ensures that USDC maintains a 1:1 ratio with the US dollar through regular audits and collaborations with regulated financial institutions. This stability makes USDC a popular choice for traders and investors in the cryptocurrency market.
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• Dec 16, 2021 · 3 years ago
  USDC is backed by Circle, a leading company in the cryptocurrency industry. Circle works with regulated financial institutions to ensure the stability and transparency of USDC. They also collaborate with other companies in the Centre consortium to promote the adoption of USDC as a reliable stablecoin in the market.
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