Who is the creator of USDC?

3 answers

• Dec 27, 2021 · 3 years ago
  USDC, or USD Coin, was created by the Centre Consortium, a collaboration between Circle and Coinbase. The Centre Consortium is responsible for the governance and development of USDC. Circle is a fintech company that aims to make money more accessible and secure, while Coinbase is one of the largest cryptocurrency exchanges in the world. Together, they created USDC as a stablecoin pegged to the US dollar, providing stability and transparency in the volatile cryptocurrency market.
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• Dec 27, 2021 · 3 years ago
  The creator of USDC is the Centre Consortium, which is a joint effort between Circle and Coinbase. Circle is a company focused on building a more inclusive global economy through cryptocurrencies, while Coinbase is a leading cryptocurrency exchange. The motivation behind creating USDC was to provide a stable and reliable digital currency that can be used for everyday transactions and as a store of value. The Centre Consortium ensures the proper governance and development of USDC, making it a trusted and widely used stablecoin in the cryptocurrency ecosystem.
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• Dec 27, 2021 · 3 years ago
  USDC was created by the Centre Consortium, a collaboration between Circle and Coinbase. The Centre Consortium was established to provide a transparent and regulated stablecoin that can be used in various applications, such as payments and decentralized finance (DeFi). USDC is backed by a reserve of US dollars held in audited bank accounts, ensuring its stability and redeemability. The Centre Consortium aims to promote the adoption of USDC as a reliable and trustworthy digital currency for individuals and businesses alike.
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