Cryptocurrency pegged to usd
Circle announces new US dollar-pegged crypto, the USD Coin Sep 27, 2018 · Cryptocurrency wallet service and investment startup Circle has created a new cryptocurrency—the USD Coin (USDC)—which is pegged to the US dollar and backed up by physical reserves of fiat held by company.. The Goldman Sachs-backed company’s stablecoin allows the tokenization of physical currency, in a bid to serve cross-border transactions with fast settlement on a …