What is USDC?

Modified on Sat, 18 Feb, 2023 at 5:16 PM

USDC or USD Coin is a stablecoin backed by the US Dollar in the ratio of $1:1USDC, ensuring that the coin's value remains constant at 1 USDC : 1 US Dollar.

 

USDC was launched on 28 September 2018 and is the brainchild of Circle Financial and Coinbase, to create a “Programmable Dollar” or US dollar that can be programmed so that entrepreneurs can plan their own businesses on the USDC network.

 

* The video is in Thai.
Resource: https://www.youtube.com/watch?v=BDfJxiq_RbU

 

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