USD Coin (known by its ticker USDC) is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.
Risk reminder:Digital asset transactions have extremely high risks and are not suitable for most people. You understand and understand that this investment may cause partial or total loss, so you should decide the amount of investment based on the degree of loss you can bear. You understand and understand that digital assets will generate derivative risks, so if you have any questions, it is recommended to seek the assistance of a financial advisor first. In addition, in addition to the risks mentioned above, there will also be unpredictable risks. You should carefully consider and use clear judgment to evaluate your financial situation and the above risks before making any decision to buy or sell digital assets and bear all the losses arising therefrom. We are not responsible for this.