$USDC Basic Information
- Issuing Institution: Issued by Circle.
- Pegged Asset: Pegged to the US dollar at a 1:1 ratio, meaning 1 USDC is theoretically equivalent to 1 dollar, maintained through a strict reserve system to ensure value stability.
Features
- Stability: Aims to maintain a stable exchange rate with the US dollar, reducing the significant price fluctuations common in the cryptocurrency market, providing users with a relatively stable store of value and medium of exchange.
