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Dan Ives: Tesla Stock WILL Jump Overnight When �THIS� Happens!USDC (USDC) is a stablecoin that seeks to mirror the value of the U.S. dollar. Each unit of this digital currency in circulation is backed by $1 held in reserve. USD Coin, or USDC, is a stablecoin like Tether, and like Tether, it's price is pegged to the US dollar, with a fixed price of $1. It was launched by Coinbase. USDC is a type of cryptocurrency that is referred to as a fiat-backed stablecoin, meaning it is backed by reserve assets in the traditional financial system.
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