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USD Coin (USDC) stablecoin explained: what is it and how it worksUSDC is a digital dollar backed % by highly liquid cash and cash-equivalent assets and is always redeemable for US dollars. The majority of the USDC. That means holders can redeem 1 USD coin for $1 at any time. Every USDC is backed by one dollar or an asset with an equivalent value, held in accounts with U.S. regulated financial institutions. USD Coin USD Price Today - discover how much 1 USDC is worth in USD with converter, price chart, market cap, trade volume, historical data and more.
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