No Summary provided as the original text is short
- USDC (USD Coin): A stablecoin issued by Circle and Coinbase, pegged to the U.S. dollar, designed to maintain a 1:1 value with USD.
- Stablecoin: A cryptocurrency pegged to a stable asset like the U.S. dollar to reduce price volatility.
- Market Share: The portion of a market controlled by a company or product, used here to describe USDC’s dominance within the stablecoin sector.