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What is USDC?

USD Coin (USDC) is a digital asset issued by Circle Internet Financial and is fully backed by US dollars or US dollar equivalents, which include cash and short-dated US government obligations. USDC was developed to represent a US Dollar equivalent on the blockchain, and is used to transfer money between people and businesses using a stable asset without the need for third-party financial institutions. Robinhood facilitates USDC purchases and redemptions from Circle. Robinhood is not the issuer of USDC, does not hold reserves for USDC, and has no obligation to repurchase your USDC for USD. See the Robinhood Crypto Customer Agreement for additional information.

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USDC News

CNBC 1d

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It's a historic week for the cryptocurrency markets with spot ether exchange-traded funds making their debut. Franklin Templeton is one of the nine spot ether...

Benzinga 3d

Ferrari Revs Up Crypto Payments In Europe, Expanding On US Success

Luxury carmaker Ferrari is stepping on the gas when it comes to cryptocurrency, announcing plans to extend its crypto payment scheme to European dealerships by...

Benzinga 3d

Who Will Kamala Harris Pick For Vice President? Crypto Bettors Have 4 Favorites For Democratic Party Running Mate

Vice President Kamala Harris appears ready to secure the Democratic Party's nomination and could soon be tasked with selecting a vice-presidential candidate to...

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