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PARAGRAPHSo far this year, USDC standard, benchmarking billions of dollars in registered financial products and by asset allocators, asset managers, market participants and exchanges.
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USD Coin: Can You Really Trust USDC?USD Coin (USDC) is a stablecoin, a cryptocurrency backed by U.S. dollars or dollar-denominated assets like U.S. Treasury securities. USDC's reserve assets are. USDC is a fully reserved stablecoin, which is a type of cryptocurrency, or digital dollar. Unlike other cryptocurrencies that fluctuate in price, USDC is. USDC is a type of cryptocurrency that is referred to as a fiat-backed stablecoin, meaning it is backed by reserve assets in the traditional financial system.
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