No Summary provided as the original text is short
- USDC: A U.S. dollar-pegged stablecoin issued by Circle, backed by reserves and regulated under U.S. oversight.
- DeFi (Decentralized Finance): Blockchain-based financial services that operate without centralized intermediaries, using smart contracts.
- Algorithmic Stablecoin: A type of cryptocurrency that maintains price stability via algorithms and supply adjustments rather than direct asset backing.