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Is USDC stable now?
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asked
Mar 17, 2024
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by
bivas54
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2.2k
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Is USDC stable now?
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Mar 19, 2024
by
Cassidy
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Yes, USDC (USD Coin) is designed to be a stablecoin with its value pegged to the US dollar on a 1:1 basis. This stability is maintained through regular audits and collateralization with USD reserves.
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