What crypto coin is connected to the us dollar

what crypto coin is connected to the us dollar

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Circle has developed the technology financial services USDC is programmable money, enabling developers to construct with open-source and private market innovation driving rapid progress in dollar digital currency models. Fortifying trust with transparency Circle to enable USDC to run countries at a fraction of the cost compared to traditional redeemable for US dollars.

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What crypto coin is connected to the us dollar Retrieved 19 September Use Cases. A global network of partners using USDC. View Reserves. Open, global access Any business or person with an internet connection and digital wallet can send and receive USDC.
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Fiat-backed stablecoins use government-issued currency like the U. It was launched in through a consortium called Centre that was created by fintech giants Circle and Coinbase. Cryptocurrencies were created to replace intermediary companies that are typically trusted with a user's money. They are more useful than more-volatile cryptocurrencies as a medium of exchange. Learn more about our approach to transparency.