In the virtual currency market of $USDC , USDC (USD Coin) is a prominent entity. It is an open-source crypto stablecoin pegged 1:1 to the US dollar, launched jointly by Circle and Coinbase, with each USDC backed by a corresponding dollar deposited in a regulated account.

Its advantages are clear: strong stability, not significantly affected by large fluctuations in the crypto market; high liquidity, widely traded on mainstream exchanges; and good practicality, usable for various crypto transactions and payments. However, it also faces challenges, including centralization issues and significant impacts from regulatory changes. Recently, it received approval in Japan, with a market capitalization of $56 billion, and it may play a greater role in fields such as payments in the future.