Cryptocurrency Q&A Who controls USDC?

Who controls USDC?

Gianluca Gianluca Mon May 13 2024 | 5 answers 566
Who exactly controls USDC?" I ponder, my curiosity piqued by this intriguing question. USDC, as we all know, is a stablecoin that's supposed to maintain a one-to-one peg with the US dollar. But behind this seemingly straightforward concept, who are the real movers and shakers? Is it the issuing company? The exchanges that list it? Or maybe it's the larger financial institutions that have their fingers in the pie? This isn't just a matter of academic interest; it goes to the heart of trust and transparency in the crypto world. After all, if we don't know who's pulling the strings, how can we have confidence in the stability of USDC? So, who controls USDC? That's a question that deserves a thorough investigation. Who controls USDC?

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| Topics at Cryptocurrency Q&A

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