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USD Coin (USDC) is a stablecoin that aims to keep a stable valuation of 1 US Dollar. This stablecoin was created by the Centre consortium, a partnership between Circle and Coinbase. The idea behind USDC is to tokenize US dollars to make it easier to use them on the interenet and on blockchains. UDSCs are issued as ERC20 tokens on the Ethereum blockchain.
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