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Is circle stablecoin redeemable for US dollars?

Circle stablecoin reserve composition and monthly attestations are publicly available, so you always know USDC is redeemable 1:1 for US dollars. USDC reserves are held in the management and custody of leading financial institutions and designed to provide holders with ready liquidity.

What is circle cryptocurrency?

Circle (legally Circle Internet Financial Limited) is a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013.

What is circle's stablecoin USDC +0.051%?

A guide to Circle's stablecoin USDC +0.051% is a type of digital currency known as a stablecoin. It was first issued by the Centre Consortium, a collaboration between Circle and Coinbase, two key players in the cryptocurrency market.

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