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USD Coin - Krypto

USD Coin

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USD Coin
Ticker symbolUSDC
Development
White paper[1]
Websitewww.centre.io/usdc
Block explorerEtherscan.io

USD Coin (USDC) is a digital stablecoin that is pegged to the United States dollar and runs on the Ethereum, Stellar, Algorand, and Solana blockchains.[1][2][3] USD Coin is managed by a consortium called Centre,[4] which was founded by Circle and includes members from the cryptocurrency exchange Coinbase[5] and Bitcoin mining company Bitmain,[4] an investor in Circle.[6]

Circle claims that each USDC is backed by a dollar held in reserve. USDC reserves are regularly attested (but not audited) by Grant Thornton, LLP, and the monthly attestations can be found on the Centre Consortium's website.[7]

USDC was first announced on the 15th of May 2018 by Circle,[8] and was launched in September of 2018.[9]

On March 29, 2021, Visa announced that it would allow the use of USDC to settle transactions on its payment network.[10]

As of June 2021 there are 24.1 billion USDC in circulation.[11][12][13]

See also[edit]

References[edit]

  1. ^ "USDC for Algorand now available in your Circle Account". www.algorand.com. Archived from the original on 2021-02-14. Retrieved 2021-03-14.
  2. ^ Consortium, Centre. "Centre Consortium Announces Algorand as an Official Chain for USDC, Launches on Mainnet". www.prnewswire.com. Archived from the original on 2020-12-04. Retrieved 2021-03-14.
  3. ^ "Circle | Multichain USDC — The power of USDC brought to multiple blockchains". www.circle.com. Archived from the original on 2021-04-17. Retrieved 2021-04-17.
  4. ^ a b Kharif, Olga (2018-09-26). "Circle Joins Ranks of Stable Crypto Coins With Dollar Token". Bloomberg News. Archived from the original on 2020-06-06. Retrieved 2020-06-06.
  5. ^ Geron, Tomio (2019-06-11). "Why Stablecoins Stand Out in the Cryptocurrency World". Wall Street Journal. ISSN 0099-9660. Archived from the original on 2020-08-30. Retrieved 2020-06-06.
  6. ^ Arnold, Martin (2018-05-15). "China bitcoin miner Bitmain leads $110m investment in Circle". Financial Times. Archived from the original on 2020-11-09. Retrieved 2020-06-06.
  7. ^ Centre. "Centre | USD Coin". www.centre.io. Retrieved 2021-06-07.
  8. ^ Irrera, Anna (2018-05-16). "Circle raises $110 million, plans to create dollar-pegged cryptocurrency". Reuters. Archived from the original on 2020-06-06. Retrieved 2020-06-06.
  9. ^ Kharif, Olga (2018-10-29). "Stable Coin Backed by Circle, Coinbase Draws Most Early Demand". Bloomberg News. Archived from the original on 2020-06-06. Retrieved 2020-06-06.
  10. ^ Hussain, Noor Zainab (29 March 2021). "Exclusive: Visa moves to allow payment settlements using cryptocurrency". Reuters. Archived from the original on 30 March 2021. Retrieved 30 March 2021.
  11. ^ "Circle | USD Coin (USDC) Stablecoin". Archived from the original on 2020-05-01. Retrieved 2020-04-21.
  12. ^ "Archived copy". Archived from the original on 2013-05-09. Retrieved 2020-07-10.CS1 maint: archived copy as title (link)
  13. ^ "Circle | USD Coin (USDC) Stablecoin". www.circle.com. Retrieved 2021-06-07.

External links[edit]