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Circle plans to only support Ethereum PoS chain after Merge is complete

Currently, USDC is both the largest dollar-backed stablecoin issued on Ethereum and the largest ERC-20 asset overall, with over $45 billion in market capitalization residing in the ecosystem at the time of publication. Its reserves are audited and held at U.S. financial institutions such as BlackRock (NYSE:BLK).

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Source: Cryptocurrency - investing.com

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