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Cryptocurrency Q&A Is USDC FDIC insured?

Is USDC FDIC insured?

Lucia Lucia Tue Sep 03 2024 | 5 answers 886
Excuse me, I'm just curious about the security of USDC. Could you please clarify if USDC is insured by the Federal Deposit Insurance Corporation (FDIC)? I've heard that some stablecoins are backed by FDIC-insured assets, so I'm wondering if the same applies to USDC. I'd appreciate any information you can provide on this matter. Thank you. Is USDC FDIC insured?
usdc fdic insured

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