The U.S. dollar-pegged stablecoin has grown from $44 billion to $77 billion in market capitalization, reflecting strong investor demand for stable digital assets.
USDC
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Terms & Concepts
USDC: A U.S. dollar-pegged stablecoin issued by Circle, designed to maintain a 1:1 value with the U.S. dollar.
Stablecoin: A cryptocurrency pegged to a stable asset, such as fiat currency, to minimize price volatility.