$USDC Issuing Institution: Issued by the Centre, a joint venture between the U.S.-regulated fintech company Circle and the globally renowned cryptocurrency exchange Coinbase.

Compliance: Compared to other stablecoins, USDC is subject to stricter financial regulation, offering higher transparency and legality.

Technical Features

Underlying Technology: Primarily issued on the Ethereum blockchain, utilizing smart contracts for the creation and management of tokens.

Value Stability: Each USDC is backed by a corresponding reserve of U.S. dollars, ensuring a 1:1 peg to the dollar.

Market Performance and Outlook

Market Share: As the second largest stablecoin by market capitalization, USDC holds an important position in the stablecoin market. Although its market share is slightly lower than USDT, it has significant growth potential.