What is USD Coin (USDC), fiat-backed stablecoin? — adidaswilson

Author Adidas Wilson
3 min readFeb 28

USD Coin (USDC) is a fiat-backed stablecoin that was launched in 2018 by the Centre Consortium, a joint venture between Circle and Coinbase. The USDC is a digital asset that aims to provide users with the stability of the US dollar while taking advantage of the speed, transparency, and security of blockchain technology.

Author Adidas Wilson

Adidas Wilson was born in Chicago, surviving a near death experience driving off a bridge in an 18 wheeler and getting hit by a train. Author and Motivator