Coinbase and Circle Launch USDC Stablecoin With Purported Full Backing in US Dollars
Crypto exchange Coinbase has launched the USDC stablecoin, which is fully collateralized by U.S. dollars and available for trading. Major U.S. cryptocurrency exchange Coinbase has launched the USD Coin stablecoin (USDC), making it the first stablecoin for trade on the platform, according to an announcement published Oct. 23. The underlying technology behind USDC was developed […]
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