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What Does USDC Mean?
USDC means "USD Coin Cryptocurrency."USDC Coin is a cryptocurrency stablecoin, launched in 2018, the value of which is pegged to the US dollar (USD) at the rate of one USDC coin to one USD.
USD Coin is a service to tokenize US dollars and facilitate their use over the internet and public blockchains. It is not issued by the US government, but USDC tokens can be changed back to USD at any time.
USDC is an alternative to other USD backed cryptocurrencies, such as Tether (USDT) and TrueUSD (TUSD).
"Cyber Speak" Test
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Summary of Key Points
"USD Coin Cryptocurrency" is the most common definition for USDC on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.USDC | |
---|---|
Definition: | USD Coin Cryptocurrency |
Type: | Abbreviation |
Guessability: | ![]() 3: Guessable |
Typical Users: | ![]() Adults and Teenagers |
Example of USDC Used in a Text
USDC
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