USDC is a tokenized representation of the US Dollar (USD) supported by Circle. USDC aims to be an open, interoperable, safe, transparent, and trustworthy stablecoin. Each USDC is collateralized by corresponding USD held in cash or cash equivalents. These reserve assets are subject to monthly public reserve attestations conducted by Deloitte. Attestations and real-time stability metrics can be viewed on the Circle website.
Learn more:
Official Website: https://www.usdc.com/
Whitepaper: https://www.circle.com/legal/mica-usdc-whitepaper
Transparency: https://www.circle.com/transparency
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