USDC (CRYPTO: USDC)
USDC Return vs. S&P
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USDC Company Info
USD Coin (USDC) is a fully reserved stablecoin pegged 1:1 to the US dollar, ensuring price stability through a reserve backed by cash and short-duration U.S. Treasury instruments. These reserves are held by regulated financial institutions like The Bank of New York Mellon and managed by BlackRock via the Circle Reserve Fund. Circle, which independently manages USDC after its initial development with Coinbase under the CENTRE Consortium, ensures transparency through monthly audits by Deloitte. USDC operates on 16 blockchains, including Ethereum, Solana, and Polygon, offering wide liquidity and accessibility. It is used in cross-border payments, DeFi, and as a hedge against cryptocurrency volatility. It provides a stable alternative for remittances and exposure to the U.S. dollar for non-U.S. investors. USDC maintains its 1:1 peg by minting and burning tokens based on USD deposits and redemptions, offering secure and regulated digital dollar transactions.
News & Analysis
Better Stablecoin Buy: Tether vs. USDC
In the battle of the stablecoin giants, who wins?
3 Things to Know Before Investing in Stablecoins
Not all stablecoins are the same, even if they all trade for $1.
Prediction: USDC Will Be Worth $1 in 10 Years
Is USDC really the most boring coin in crypto? Read on to see why rock-solid stability is its best feature.
Visa Isn't Worried About Stablecoins. 3 Stablecoins to Watch as Companies Explore This Powerful Growth Catalyst.
It's still early, but stablecoins could be a disruptive technology that changes payments forever.
Despite Their Name, Stablecoins Remain a Risky Investment. Here Are 3 Concerns Investors Should Keep Top of Mind When Investing in This Soaring Asset Class.
How "stable" are stablecoins? You might be surprised at the potential risks involved.
Tether (USDT) and USDC Dominate the Stablecoin Market, but Is This Concentration a Risk for Investors?
New crypto legislation could fix a potential major risk for the stablecoin industry.
6 Stablecoins Account For 95% of the Value of the Stablecoin Market. Here Are the 2 Best Bets for Investors.
When it comes to stablecoins, investors have choices. Here are two of the best.
3 Key Headwinds Facing USDC
USDC is the second-largest stablecoin backed by the U.S. dollar.
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