$USDC The dominance of USD Coin (USDC) in the cryptocurrency market reflects its growing significance as a stablecoin, a type of digital currency designed to offer price stability by being pegged to a reserve asset like the U.S. dollar. USDC's dominance is attributed to its reliability, transparency, and regulatory compliance, making it an attractive choice for traders and investors seeking to minimize volatility risks associated with conventional cryptocurrencies. As a result, its use has expanded beyond trading into areas such as decentralized finance (DeFi) platforms, where it facilitates lending, borrowing, and transactions, highlighting its crucial role in the evolving digital economy.