Cryptocurrency Q&A What is wrapped USDC?

What is wrapped USDC?

SsangyongSpiritedStrength SsangyongSpiritedStrength Sat Aug 17 2024 | 7 answers 1862
Excuse me, could you please clarify what exactly wrapped USDC is? I've heard of stablecoins and understand their purpose, but I'm not quite sure how wrapped USDC differs from other stablecoins like USDT or DAI. Is it a type of token that's pegged to the US dollar, and if so, how does it work and what makes it unique? I'd appreciate it if you could provide a concise explanation. What is wrapped USDC?

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