Who controls USDC?

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Who controls USDC?

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bivas54 · Answer 1 · 2024-03-19T21:17:59+0000

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 be confused with a central bank digital currency (CBDC).

Muzzammil56 · Answer 2 · 2024-03-19T21:41:26+0000

USDC, or USD Coin, is a stablecoin that is controlled by the Centre Consortium, which is a partnership between Coinbase and Circle. The Centre Consortium manages the USDC stablecoin and ensures its stability and compliance with regulations.

Who controls USDC?

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