SsamziegangSerenadeMelody
Thu Nov 07 2024
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5 answers
811
What does Circle crypto do?
Circle crypto, specifically through its stablecoin USDC, provides a digital representation of the US dollar for global, cheap, and fast payments. It allows users to convert funds 1:1 to USDC and vice versa, enabling developers to build financial applications on this stable platform. Circle also ensures transparency and stability by backing each USDC with cash and short-term US government bonds.
CoinMasterMind
Tue Oct 08 2024
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6 answers
1119
Who backs Circle crypto?
Could you please elaborate on the entity or entities that provide support or backing for Circle crypto? Are there any reputable financial institutions or major investors involved in its foundation or operations? Understanding the source of support for Circle crypto is crucial in assessing its credibility and stability in the cryptocurrency market. Additionally, what measures does Circle take to ensure the security and stability of its cryptocurrency offerings?
