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USD Coin (USDC) is a fully-collateralised stablecoin that’s tied to the US dollar at a 1:1 ratio.

How is USDC governed?

USDC is governed by the Centre consortium, which provides a regulatory and operational framework and oversees the USDC stablecoin.

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Why do people use stablecoins?

Stablecoins are often backed by assets with values that are considered to be stable, such as a local currency like the US dollar, or an asset class like gold.

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What is a stablecoin?

A stablecoin is a type of cryptocurrency which has a value that’s ‘pegged’ to either an individual local currency such as the US dollar, or an asset class such as gold.

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What is USD Coin?

USD Coin (USDC) is a fully collateralised, US dollar-backed stablecoin that was launched in 2018 by a consortium of companies called Centre.

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