What is the definition of USD Coin (USDC) and how does it function? USD Coin (USDC) is a type of cryptocurrency known as a stablecoin, which is pegged to the value of the US dollar at a 1:1 ratio. It ...
USD Coin, operated by Circle Internet Financial and offered on Coinbase's platform, had claimed that every coin was backed by one US dollar that was "in a bank account." That promise helped boost ...
An open letter to leading United States presidential candidates written by Paxos CEO Charles Cascarilla urges them to adopt stablecoins to maintain the US dollar’s global dominance and improve ...