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<p>USD Coin (USDC) is digital stablecoin pegged to the United States dollar. USD Coin is managed by a consortium called Centre, which was founded by Circle and includes members from the cryptocurrency exchange Coinbase and Bitcoin mining company Bitmain, an investor in Circle. USDC is issued by a private entity and should not be confused with a central bank digital currency (CBDC).</p>

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USDC is a fully collateralized, US dollar stablecoin backed by Circle and Coinbase exchange.

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