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What is USD Coin?
USD Coin (USDC) is a stablecoin pegged to the US dollar. Its value is $1.00 and it doesn't change. In essence it's similar to Tether in the Crypto world, but provides an alternative as every USDC token is backed by a single US dollar. The token is available in many global exchanges such as Binance, KuCoin, Fox.Exchange and more.