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About USD Coin

USD Coin (USDC) is a fully reserved stablecoin issued by Circle, designed to maintain a 1:1 peg with the U.S. dollar. Each USDC is backed by an equivalent amount of U.S. Dollar-denominated assets held by regulated financial institutions, ensuring transparency and stability. Launched in 2018, USDC operates across multiple blockchains and serves as a digital dollar for fast, low-cost transactions without traditional intermediaries. Its use cases include payments, remittances, decentralized finance, and providing a stable store of value during market volatility, with the goal of broad acceptance across wallets, exchanges, and dApps.

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