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Circle Reveals Assets Backing USDC Stablecoin

Crypto's No. 2 stablecoin is backed mostly – 61% – by cash and cash equivalents. Here's what comprises the rest.

Updated May 9, 2023, 3:21 a.m. Published Jul 20, 2021, 1:41 p.m.
(HFA_Illustrations/Shutterstock)
(HFA_Illustrations/Shutterstock)