USDC, once the gold standard of stablecoins, faced major scrutiny after the 2023 banking crisis exposed its exposure to SVB. Since then, Circle has rebuilt confidence through full-reserve transparency, weekly attestations, and strategic partnerships (e.g., BlackRock and Visa). Now natively available on 15+ chains, Usdc is powering DeFi, global remittances, and tokenized real-world assets. Despite competition from $USDT and rising CBDC discussions, $USDC's regulated, dollar-backed framework positions it as the institutional bridge between traditional finance and crypto. With Fed rate policy tightening USD liquidity, $USDC’s role as on-chain dry powder is more critical than ever.
