Circle Introduces Crypto Version of US Dollar

Crypto Exchange Blockchain Technology Market USA

Circle has recently announced new cryptocurrency- Circle USDC (USD Coin). The company’s blog post stated, “A price-stable currency, such as a token pegged to the U.S. dollar, is critical for enabling mainstream adoption of blockchain technology for payments as well as for supporting maturation in financial contracts built on smart contract platforms, such as tokenized securities, and property.”

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