What distinguishes USDC from other currencies is that it is backed 1:1 by the US dollar and is regulated by trusted entities like Circle. This makes it more stable and transparent. This means that when a company uses it for transfers or payments, it can know that the value is preserved and there are no surprises like those that occur with other currencies.
Stripe sees USDC as the ideal solution for countries with volatile currencies or banking infrastructure issues. Companies there can use this currency to receive money, send salaries, or make cross-border payments without large fees or delays.
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