Who is behind the creation of USDC?

3 answers

• Jan 12, 2022 · 3 years ago
  USDC, which stands for USD Coin, was created by Centre, a consortium formed by Circle and Coinbase. Centre is responsible for the governance and development of USDC, ensuring its stability and compliance with regulations. Circle and Coinbase are well-established companies in the cryptocurrency industry, known for their commitment to transparency and regulatory compliance. They have collaborated to create USDC as a reliable and widely accepted stablecoin in the market.
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• Jan 12, 2022 · 3 years ago
  USDC was created by Centre, a consortium consisting of Circle and Coinbase. Centre's mission is to establish a standard for stablecoins and promote their adoption in the cryptocurrency ecosystem. Circle and Coinbase, as leading players in the industry, have leveraged their expertise and resources to develop USDC as a trusted and regulated stablecoin. The creation of USDC aims to provide users with a stable and secure digital asset that can be easily used for various purposes, such as payments and trading.
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• Jan 12, 2022 · 3 years ago
  USDC was created by Centre, a consortium formed by Circle and Coinbase. Centre's goal is to provide a stable and transparent digital currency that can be used in various applications within the cryptocurrency ecosystem. The creation of USDC was driven by the need for a reliable stablecoin that maintains a 1:1 peg with the US dollar and is backed by audited reserves. Centre, Circle, and Coinbase have worked together to ensure the stability and trustworthiness of USDC, making it a popular choice among cryptocurrency users and traders.
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