Cryptocurrency Q&A
Who owns USDC?
Who owns USDC?
HanbokGlamourQueenEleganceBloom
Sun May 12 2024
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7 answers
1942
Who exactly owns USDC? I've heard about this stablecoin quite a bit recently, but I'm still not entirely clear on its ownership structure. Could you possibly enlighten me on this matter? I'm particularly interested in knowing who's behind it, who's managing it, and who has the ultimate authority over its issuance and redemption. Is it a centralized entity, or is it decentralized in some way? Also, are there any regulatory bodies overseeing its operations? I'd really appreciate it if you could provide a comprehensive yet concise description of USDC's ownership and governance structure. Thank you in advance for your assistance.
7 answers
CherryBlossom
Tue May 14 2024
CBDCs are currently mostly in the research stage.
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Claudio
Tue May 14 2024
However, USDC already exists and is widely used.
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Chiara
Tue May 14 2024
USDC, a cryptocurrency, is issued by Circle.
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Eleonora
Tue May 14 2024
Circle operates in the private sector.
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CryptoMaven
Tue May 14 2024
Millions of people around the world rely on USDC.
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