What do you mean by USDC?

What is USDC?

Special Features:

How is USDC issued?

1) A user sends a request to the USDC issuer to redeem an equivalent amount of USD for USDC tokens.

2) The issuer sends a request to the USDC smart contract to exchange the tokens for USD and take an equivalent amount of tokens out of circulation.

3) The issuer sends the requested amount of USD from its reserves back to the user’s bank account. The user receives the net amount equivalent to the one in USDC tokens, minus all incurred fees).

Where can you buy USDC?

image: USDC chart on DIFX APP

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