common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

Which entity controls the operation of USDC?

avatarApple IdNov 26, 2021 · 3 years ago3 answers

Who is responsible for overseeing the operation and management of USDC?

Which entity controls the operation of USDC?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The operation and management of USDC is controlled by the Centre Consortium, which is a collaboration between Circle and Coinbase. They are responsible for ensuring the stability and transparency of the USDC stablecoin.
  • avatarNov 26, 2021 · 3 years ago
    USDC is overseen by the Centre Consortium, a partnership between Circle and Coinbase. They work together to maintain the stability and integrity of the USDC ecosystem, ensuring that it remains fully collateralized and audited.
  • avatarNov 26, 2021 · 3 years ago
    USDC is controlled by the Centre Consortium, a collaboration between Circle and Coinbase. They have established a transparent governance framework to ensure the stability and trustworthiness of the stablecoin. The Centre Consortium also works closely with regulators to comply with applicable laws and regulations.