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name: Price feed request
title: USDC/USD Price Feed
Description
USDC (USD Coin) is a stablecoin pegged to the US Dollar, developed by the Centre consortium, a collaboration between Circle and Coinbase. Launched in September 2018, it's designed to combine the stability and value of the dollar with the technology and efficiency of cryptocurrency. As a digital dollar, each USDC is backed by one real US Dollar, held in reserve by regulated financial institutions.
This proposal outlines the integration of a USDC-USD price feed pair into the Razor Network Oracle. The addition aims to enhance the utility and accuracy of decentralised applications by providing a reliable and up-to-date reference for the USDC-USD exchange rate.
Type of change
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