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About USD Coin
USDC is a fully reserved digital stablecoin issued by Circle, pegged 1:1 to the U.S. dollar and backed by highly liquid cash and cash-equivalent assets. It functions as a stable medium of exchange, a store of value, and a bridge between traditional finance and the decentralized economy. Natively issued on numerous blockchains including Ethereum, Solana, and Base, it is also widely available in bridged forms on various networks. USDC is a key asset for decentralized finance (DeFi) and global payments, designed to enable the frictionless exchange of value while maintaining price stability. The technology behind it allows for value exchange between people, businesses, and financial institutions with minimal friction.
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