Centre clarifies USDC reserves composition citing ‘regulatory landscape’

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USD Coin’s (USDC) recent growth has become an important aspect of the digital currency-enabled financial system. It has always been fully backed by reserves equal to or greater than the USDC in circulation, giving users the ability to always redeem 1 USD Coin for $1.00. In fact, Jeremy Allaire, CEO and Founder of Circle, mentioned […]

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