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USDC - The Vision of Open Standards Fiat Money on the Internet

The vision of USDC is an open standards fiat money on the internet. USDC is pegged to the US dollar, and backed by a VC-backed company with deep experience in both technology and finance. Reserves are held by Prime Trust LLC, a regulated fiduciary who shows its reserves to inspire confidence. Monthly audits are performed through Withum to show compliance and transparency.