Cryptocurrency Q&A What is the code for USD coin?

What is the code for USD coin?

Martino Martino Tue Oct 29 2024 | 7 answers 1353
I'm trying to find out the code for USD coin. I've heard about it in the context of cryptocurrencies, and I want to know the specific code or symbol used to represent it. What is the code for USD coin?

7 answers

CryptoQueen CryptoQueen Wed Oct 30 2024
Specifically, USDC is backed by U.S. dollars.

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Lorenzo Lorenzo Wed Oct 30 2024
USD Coin (USDC) operates on the principle of being a stablecoin.

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CherryBlossomKiss CherryBlossomKiss Wed Oct 30 2024
Additionally, USDC is supported by dollar-denominated assets.

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Caterina Caterina Wed Oct 30 2024
These assets include financial instruments like U.S. Treasury securities.

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Bianca Bianca Wed Oct 30 2024
This cryptocurrency is unique as it maintains a stable value.

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