Who issued usdc?
USDC is a stablecoin jointly issued by Circle and Coinbase and is pegged to the US dollar. Circle is a financial technology company that aims to build an open and efficient global financial system. Coinbase is the leading digital asset exchange in the United States.
Issuer of USDC
USDC is a U.S. dollar-pegged stablecoin jointly issued by Circle and Coinbase.
Circle
- Circle is a fintech company founded in 2013 by Jeremy Allaire and Sean Neville.
- Circle’s mission is to build a more open, inclusive and efficient global financial system.
- Circle provides a variety of financial services, including USDC, digital asset exchanges, and payment solutions.
Coinbase
- Coinbase is the leading digital asset exchange in the United States.
- Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam.
- Coinbase provides a platform for individuals and institutions to buy, sell, trade and store cryptocurrency.
Circle and Coinbase have joined forces to create the Center Consortium, a non-profit organization designed to promote the development and adoption of USDC. The Center Consortium manages the USDC reserve and ensures its peg to the U.S. dollar.
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