Cryptocurrency Q&A What is circle stable coin?

What is circle stable coin?

CryptoWizard CryptoWizard Fri Nov 01 2024 | 7 answers 1699
I recently heard about this concept called 'circle stable coin' and I'm curious to learn more about it. Could someone explain what a circle stable coin is and how it works in the cryptocurrency world? What is circle stable coin?

7 answers

Bianca Bianca Sat Nov 02 2024
Despite this goal, USDC has experienced occasional instances of de-pegging from the dollar.

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Dario Dario Sat Nov 02 2024
As an ERC-20 token, USDC operates within the Ethereum blockchain ecosystem.

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NebulaPulse NebulaPulse Sat Nov 02 2024
USDC is a stablecoin jointly developed by Coinbase and Circle.

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DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Sat Nov 02 2024
It is also known by the name USD Coin.

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Claudio Claudio Sat Nov 02 2024
This classification allows USDC to leverage the security and decentralization of the Ethereum network.

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