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USDC reserve assets are held in segregated accounts with regulated. PARAGRAPHUSDC is a tokenized U.
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USDC Depeg: What Happened? Safe or Can it Happen Again?USD Coin (USDC) is a stablecoin pegged to the US dollar at a ratio and is designed to remain stable regardless of cryptocurrency market conditions. USD Coin (USDC) is a digital stablecoin pegged to the United States dollar. USD Coin is managed by Circle. USDC is issued by a private entity and should not. USDC is a type of cryptocurrency that is referred to as a fiat-backed stablecoin, meaning it is backed by reserve assets in the traditional financial system.
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