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CryptoNewsZ 2020-09-23 11:10:36

USD Coin (USDC) Trades at $1 with No Extremities Projected

USD Coin—as the name suggests, is one of the top 15 completely collateralized USD stable coin, which is deemed to have its price movement around $1. USDC is issued and completely regulated by financial institutions against which these institutions maintain reserves of the equivalent fiat currency in a ratio of 1:1 against the US Dollar. …

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