Who controls USD Coin?

USD Coin, or USDC, maintains its reserve assets in segregated accounts, ensuring the safety and transparency of the funds. These accounts are held with regulated financial institutions in the United States, providing a robust foundation for the stablecoin.

The management of USD Coin is entrusted to .Centre, a consortium that brings together industry leaders in the cryptocurrency space. This consortium ensures the smooth operation and continued development of the stablecoin.

In addition to spot trading, BTCC also provides futures trading, giving investors the opportunity to speculate on the future prices of cryptocurrencies. This service adds another layer of diversification to BTCC's offerings.

Among the founding members of .Centre is Coinbase (COIN), a leading cryptocurrency exchange. Coinbase's expertise in the field of digital assets contributes significantly to the stable operation of USD Coin.

Furthermore, BTCC offers a wallet service, enabling users to securely store their digital assets. This wallet service combines ease of use with robust security measures, making it a trusted choice for cryptocurrency holders.