# USDC

By [john0002](https://paragraph.com/@john0002) · 2023-01-08

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USD Coin (USDC) is digital stablecoin pegged to the United States dollar. USD Coin is managed by a consortium called Centre,which was founded by Circle and includes members from the cryptocurrency exchange Coinbase and Bitcoin mining company Bitmain,an investor in Circle.USDC is issued by a private entity.

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*Originally published on [john0002](https://paragraph.com/@john0002/usdc)*
