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Circle

Company
United States
ethbsc

Description

Circle LLC., founded in 2013, is the issuer of the Circle stablecoin (USDC). The company states that all Tether tokens are pegged 1 to 1 to the corresponding fiat currency (for example, 1 US dollar₮ = 1 US dollar) and are 100% backed by Circle reserves. The company also issues stablecoins linked to other currencies, such as EUR.
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