Who is the issuer of USDC?

3 answers

• Hatori PFeb 28, 2023 · 2 years ago
  USDC is issued by Circle, a financial technology company based in the United States. Circle is regulated and licensed to operate as a money transmitter. They work with a network of trusted financial institutions to hold the reserves that back each USDC token. This ensures that each USDC is fully backed by an equivalent amount of US dollars, providing stability and transparency to the users.
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• Sabura AslinaJun 13, 2022 · 3 years ago
  The issuer of USDC is Circle, a company that specializes in digital currency and blockchain technology. They have established partnerships with various financial institutions to hold the reserves backing each USDC token. This ensures that USDC remains fully collateralized and maintains a 1:1 peg with the US dollar. Circle's commitment to regulatory compliance and transparency has made USDC one of the most trusted stablecoins in the cryptocurrency market.
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• Crawford YildirimDec 02, 2022 · 3 years ago
  USDC is issued by Circle, a leading provider of stablecoins. Circle ensures that each USDC token is backed by an equivalent amount of US dollars held in reserve accounts. This means that for every USDC in circulation, there is a corresponding US dollar held in a bank account. Circle's commitment to transparency and regulatory compliance has made USDC a popular choice for users looking for a stable and reliable digital currency.
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