No Summary provided as the original text is short
- USDC: USD Coin is a stablecoin pegged to the U.S. dollar, designed to maintain a 1:1 value ratio through reserves held by issuers.
- Minting: The process of creating new cryptocurrency tokens or coins, typically on a blockchain, and adding them into circulation.
- Stablecoin: A type of cryptocurrency designed to maintain a stable value by pegging it to a reserve asset such as a fiat currency.