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The place Is a Stablecoin Backed by $1? Not on

In short USDC is a stablecoin issued by Circle. Coinbase had stated USDC was backed by {dollars} in a checking account. Coinbase’s web site now says 1 USDC shouldn’t be essentially backed by 1 US greenback. Coinbase, the San Francisco-based cryptocurrency trade that partnered on the USDC stablecoin alongside FinTech agency Circle, is not promising […]Read More